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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 May. 2018 2017 May. 2018  
  Civilian Labor Force 4,087 4,111 94,545 96,491  
  Employed 3,880 3,954 90,197 92,691  
  Unemployed 207 157 4,348 3,800  
  Unemployment Rate (%) 5.1 3.8 4.6 3.9  
  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, 2015  
    Hancock County Kentucky (Statewide) U.S.  
 Total All Industries$1,320$834$1,018 
 Total Private Industries1,3948311,017 
 Natural Resources and MiningN/A1,0751,124 
 Construction1,5979931,096 
 Manufacturing1,5671,0911,237 
 Trade, Transportation and Utilities437758852 
 InformationN/A9441,829 
 Financial Activities7231,1691,691 
 Professional and Business Services8108781,332 
 Education and Health ServicesN/A878911 
 Leisure and HospitalityN/A312419 
 Other Services and Unclassified189591691 
  Source: U.S. Department of Labor, Bureau of Labor Statistics.