Print

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  
    Floyd County Labor Market Area  
  2016 Aug. 2017 2016 Aug. 2017  
  Civilian Labor Force 11,684 11,236 55,107 53,778  
  Employed 10,416 10,282 49,007 49,027  
  Unemployed 1,268 954 6,100 4,751  
  Unemployment Rate (%) 10.9 8.5 11.1 8.8  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Unemployment Rate (%)  
  Year Floyd County Labor Market Area Kentucky U.S.  
  2012 10.6 10.4 8.2 8.1  
  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  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Commuting Patterns  
  Residents of Floyd County 2014 Percent  
  Working and Residing In County 4,653 43.0  
  Commuting Out of County 6,166 57.0  
  Total Residents 10,819 100.0  
  Employees in Floyd County  
  Working and Residing In County 4,653 44.9  
  Commuting Into County 5,707 55.1  
  Total Employees 10,360 100.0  
  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.