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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  
  2015 Dec. 2016 2015 Dec. 2016  
  Civilian Labor Force 11,754 11,946 57,075 57,815  
  Employed 10,644 10,900 51,538 52,656  
  Unemployed 1,110 1,046 5,537 5,159  
  Unemployment Rate (%) 9.4 8.8 9.7 8.9  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Unemployment Rate (%)  
  Year Floyd County Labor Market Area Kentucky U.S.  
  2011 10.2 10.2 9.5 8.9  
  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  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Average Weekly Wage, 2013  
    Floyd County Kentucky (Statewide) U.S.  
  All Industries $701 $784 $957  
  Agriculture, Forestry, Fishing and Hunting 0 631 568  
  Mining 0 1,318 1,888  
  Construction 819 911 1,019  
  Manufacturing 654 1,030 1,176  
  Trade, Transportation, and Utilities 640 722 817  
  Information 722 853 1,616  
  Financial Activities 696 1,069 1,549  
  Services 649 692 857  
  Public Administration 562 813 1,097  
  Other 1,069 1,109 987  
     
  Source: U.S. Department of Labor, Bureau of Labor Statistics.