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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  
  2017 Jul. 2018 2017 Jul. 2018  
  Civilian Labor Force 14,876 15,093 445,794 452,301  
  Employed 14,390 14,559 427,904 432,926  
  Unemployed 486 534 17,890 19,375  
  Unemployment Rate (%) 3.3 3.5 4.0 4.3  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Unemployment Rate (%)  
  Year Woodford County Labor Market Area Kentucky U.S.  
  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  
  2017 3.3 4.0 4.9 4.4  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

  Commuting Patterns  
  Residents of Woodford County 2015 Percent  
  Working and Residing In County 3,015 26.0  
  Commuting Out of County 8,565 74.0  
  Total Residents 11,580 100.0  
  Employees in Woodford County  
  Working and Residing In County 3,015 32.6  
  Commuting Into County 6,240 67.4  
  Total Employees 9,255 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Note: Data for Kentucky and border states only.  

  Average Weekly Wage, 2017  
    Woodford County Kentucky (Statewide) U.S.  
 Total All Industries$791$845$1,042 
 Total Private Industries8258651,064 
 Natural Resources and Mining7901,0491,086 
 Construction9151,0111,155 
 Manufacturing1,1051,1081,272 
 Trade, Transportation and Utilities737789881 
 Information1,3251,0442,011 
 Financial Activities9621,2361,752 
 Professional and Business Services8549311,377 
 Education and Health Services851906940 
 Leisure and Hospitality352327441 
 Other Services and Unclassified587626734 
  Source: JobsEQ, Chmura Economics.