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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  
    Woodford County Labor Market Area  
  2016 Mar. 2017 2016 Mar. 2017  
  Civilian Labor Force 14,438 14,955 431,076 447,934  
  Employed 13,977 14,432 414,219 428,457  
  Unemployed 461 523 16,857 19,477  
  Unemployment Rate (%) 3.2 3.5 3.9 4.3  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Unemployment Rate (%)  
  Year Woodford County Labor Market Area Kentucky U.S.  
  2012 5.8 7.0 8.2 8.1  
  2013 6.1 7.0 8.3 7.4  
  2014 4.5 5.3 6.5 6.2  
  2015 3.6 4.3 5.4 5.3  
  2016 3.2 3.9 5 4.9  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Commuting Patterns  
  Residents of Woodford County 2014 Percent  
  Working and Residing In County 2,956 25.7  
  Commuting Out of County 8,560 74.3  
  Total Residents 11,516 100.0  
  Employees in Woodford County  
  Working and Residing In County 2,956 32.6  
  Commuting Into County 6,111 67.4  
  Total Employees 9,067 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Note: Data for Kentucky and border states only.  

  Average Weekly Wage, 2015  
    Woodford County Kentucky (Statewide) U.S.  
 Total All Industries$807$834$1,018 
 Total Private Industries8198311,017 
 Natural Resources and Mining7301,0751,124 
 Construction8799931,096 
 Manufacturing1,2031,0911,237 
 Trade, Transportation and Utilities634758852 
 Information1,1749441,829 
 Financial Activities9151,1691,691 
 Professional and Business Services9688781,332 
 Education and Health ServicesN/A878911 
 Leisure and Hospitality319312419 
 Other Services and Unclassified600591691 
  Source: U.S. Department of Labor, Bureau of Labor Statistics.