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Work Force

Labor Market Area
  [HLink_LM]  
  Labor market counties are composed of counties which significantly exist within the sixty (60) minute drive range of the originating county‚Äôs county seat. A county will be included within the radius if the centroid point of a county (a point representing the center of the geographic area of a county) falls within the drive zone. Additionally, all contiguous counties will be classified as part of the labor market with the exception of non-Kentucky contiguous counties which have been excluded by the above mentioned 60-minute drive range and have a border with the Mississippi and/or Ohio Rivers.  

  Civilian Labor Force  
    Hancock County Labor Market Area  
  2017 Sep. 2018 2017 Sep. 2018  
  Civilian Labor Force 4,087 4,116 94,545 95,583  
  Employed 3,880 3,966 90,197 91,957  
  Unemployed 207 150 4,348 3,626  
  Unemployment Rate (%) 5.1 3.6 4.6 3.8  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Unemployment Rate (%)  
  Year Hancock County Labor Market Area Kentucky U.S.  
  2013 7.2 7.2 8.3 7.4  
  2014 6.1 6.1 6.5 6.2  
  2015 5.1 5.0 5.4 5.3  
  2016 5.4 4.9 5 4.9  
  2017 5.1 4.6 4.9 4.4  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Commuting Patterns  
  Residents of Hancock County 2015 Percent  
  Working and Residing In County 1,198 35.9  
  Commuting Out of County 2,141 64.1  
  Total Residents 3,339 100.0  
  Employees in Hancock County  
  Working and Residing In County 1,198 29.2  
  Commuting Into County 2,902 70.8  
  Total Employees 4,100 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Note: Data for Kentucky and border states only.  

  Average Weekly Wage, 2017  
    Hancock County Kentucky (Statewide) U.S.  
 Total All Industries$1,192$845$1,042 
 Total Private Industries1,3398651,064 
 Natural Resources and Mining9201,0491,086 
 Construction1,3141,0111,155 
 Manufacturing1,5651,1081,272 
 Trade, Transportation and Utilities1,056789881 
 Information8511,0442,011 
 Financial Activities6601,2361,752 
 Professional and Business Services6529311,377 
 Education and Health Services845906940 
 Leisure and Hospitality276327441 
 Other Services and Unclassified156626734 
  Source: JobsEQ, Chmura Economics.