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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’s 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  
    Franklin County Labor Market Area  
  2017 Nov. 2018 2017 Nov. 2018  
  Civilian Labor Force 24,673 24,953 843,464 851,963  
  Employed 23,652 24,168 808,655 825,437  
  Unemployed 1,021 785 34,809 26,526  
  Unemployment Rate (%) 4.1 3.1 4.1 3.1  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Franklin County Labor Market Area Kentucky U.S.  
  2013 6.8 7.4 8.3 7.4  
  2014 5.4 5.6 6.5 6.2  
  2015 4.4 4.5 5.4 5.3  
  2016 4.0 4.0 5 4.9  
  2017 4.1 4.1 4.9 4.4  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Franklin County 2015 Percent  
  Working and Residing In County 11,325 55.0  
  Commuting Out of County 9,284 45.0  
  Total Residents 20,609 100.0  
  Employees in Franklin County  
  Working and Residing In County 11,325 36.7  
  Commuting Into County 19,572 63.3  
  Total Employees 30,897 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Note: Data for Kentucky and border states only.  
  Average Weekly Wage, 2017  
    Franklin County Kentucky (Statewide) U.S.  
 Total All Industries$805$845$1,042 
 Total Private Industries7598651,064 
 Natural Resources and Mining8761,0491,086 
 Construction9311,0111,155 
 Manufacturing1,0281,1081,272 
 Trade, Transportation and Utilities728789881 
 Information1,1531,0442,011 
 Financial Activities1,0511,2361,752 
 Professional and Business Services8269311,377 
 Education and Health Services708906940 
 Leisure and Hospitality284327441 
 Other Services and Unclassified890626734 
  Source: JobsEQ, Chmura Economics.