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Work Force

Labor Market Area
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  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  
    Floyd County Labor Market Area  
  2017 Jun. 2018 2017 Jun. 2018  
  Civilian Labor Force 11,777 11,612 55,768 54,737  
  Employed 10,818 10,745 51,016 50,354  
  Unemployed 959 867 4,752 4,383  
  Unemployment Rate (%) 8.1 7.5 8.5 8.0  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Unemployment Rate (%)  
  Year Floyd County Labor Market Area Kentucky U.S.  
  2013 12.5 12.3 8.3 7.4  
  2014 10.3 10.4 6.5 6.2  
  2015 9.4 9.7 5.4 5.3  
  2016 10.9 11.1 5 4.9  
  2017 8.1 8.5 4.9 4.4  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Commuting Patterns  
  Residents of Floyd County 2015 Percent  
  Working and Residing In County 4,109 43.7  
  Commuting Out of County 5,287 56.3  
  Total Residents 9,396 100.0  
  Employees in Floyd County  
  Working and Residing In County 4,109 40.7  
  Commuting Into County 5,996 59.3  
  Total Employees 10,105 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Note: Data for Kentucky and border states only.  

  Average Weekly Wage, 2015  
    Floyd County Kentucky (Statewide) U.S.  
 Total All Industries$717$834$1,018 
 Total Private Industries7288311,017 
 Natural Resources and MiningN/A1,0751,124 
 Construction8709931,096 
 Manufacturing7311,0911,237 
 Trade, Transportation and Utilities605758852 
 Information8009441,829 
 Financial Activities7881,1691,691 
 Professional and Business Services7688781,332 
 Education and Health Services797878911 
 Leisure and Hospitality250312419 
 Other Services and Unclassified485591691 
  Source: U.S. Department of Labor, Bureau of Labor Statistics.