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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 Feb. 2018 2017 Feb. 2018  
  Civilian Labor Force 24,673 24,950 843,464 843,424  
  Employed 23,652 23,959 808,655 810,581  
  Unemployed 1,021 991 34,809 32,843  
  Unemployment Rate (%) 4.1 4.0 4.1 3.9  
  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 2014 Percent  
  Working and Residing In County 11,234 55.6  
  Commuting Out of County 8,977 44.4  
  Total Residents 20,211 100.0  
  Employees in Franklin County  
  Working and Residing In County 11,234 37.1  
  Commuting Into County 19,062 62.9  
  Total Employees 30,296 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Note: Data for Kentucky and border states only.  
  Average Weekly Wage, 2015  
    Franklin County Kentucky (Statewide) U.S.  
 Total All Industries$798$834$1,018 
 Total Private Industries7188311,017 
 Natural Resources and MiningN/A1,0751,124 
 Construction9049931,096 
 Manufacturing9921,0911,237 
 Trade, Transportation and Utilities693758852 
 Information1,0419441,829 
 Financial Activities1,0031,1691,691 
 Professional and Business Services7748781,332 
 Education and Health ServicesN/A878911 
 Leisure and Hospitality262312419 
 Other Services and Unclassified852591691 
  Source: U.S. Department of Labor, Bureau of Labor Statistics.