Labor Market Area
  [HLink_LM]  
  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.  
  Total Available Labor  
    Available Labor, 2009 Future Labor:
Becoming 18 Years of Age
(2010-2013)		  
  Total Unemployed Potential Labor Supply  
  Labor Market Area 18,463 17,013 1,450 19,503  
  Meade County 2,131 1,516 615 1,857  
  Source: U.S. Department of Labor, Bureau of Labor Statistics; Kentucky Cabinet for Economic Development (KCED); U.S. Department of Commerce, Bureau of the Census.
Note: Total Available Labor = Unemployed + Potential Labor Supply.
Unemployed - people currently not employed, but actively seeking work.
Potential Labor Supply: Determined by the national labor force participation rate minus each county’s labor force participation rate. Labor force participation rates are calculated by dividing the labor force by the population. NA (Not Applicable) applies to counties with a labor force participation rate greater than the national average.
Future Labor - people becoming 18 years of age (not part of the total available labor statistics). 		 

 

  Civilian Labor Force  
    Meade County Labor Market Area  
  2009 Jun. 2010 2009 Jun. 2010  
  Civilian Labor Force 11,940 11,967 167,421 167,319  
  Employed 10,424 10,594 150,408 151,728  
  Unemployed 1,516 1,373 17,013 15,591  
  Unemployment Rate (%) 12.7 11.5 10.2 9.3  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Meade County Labor Market Area Kentucky U.S.  
  2005 7.1 5.9 6 5.1  
  2006 6.3 5.5 5.7 4.6  
  2007 6.0 5.1 5.5 4.6  
  2008 7.7 6.3 6.4 5.8  
  2009 12.7 10.2 10.5 9.3  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Meade County 2000 Percent  
  Working and Residing In County 3,935 34.3  
  Commuting Out of County 7,531 65.7  
  Total Residents 11,466 100.0  
  Employees in Meade County  
  Working and Residing In County 3,935 72.9  
  Commuting Into County 1,465 27.1  
  Total Employees 5,400 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  

 

  Average Weekly Wage, 2008  
    Meade County Kentucky (Statewide) U.S. Ohio  
  All Industries $582 $720 $876 $784  
  Agriculture, Forestry, Fishing and Hunting 568 571 502 493  
  Mining 797 1,179 1,676 1,166  
  Construction 789 807 940 887  
  Manufacturing 1,194 915 1,047 998  
  Trade, Transportation, and Utilities 436 665 751 698  
  Information 839 770 1,324 977  
  Financial Activities 393 937 1,422 1,023  
  Services 312 631 781 702  
  Public Administration 499 794 1,014 969  
  Other 630 869 889 604  
     
    Indiana Illinois Tennessee Virginia  
  All Industries $739 $937 $769 $908  
  Agriculture, Forestry, Fishing and Hunting 583 588 511 519  
  Mining 1,120 1,161 1,127 1,135  
  Construction 908 1,157 837 863  
  Manufacturing 1,007 1,081 927 951  
  Trade, Transportation, and Utilities 652 807 735 705  
  Information 836 1,219 1,002 1,412  
  Financial Activities 919 1,614 1,086 1,192  
  Services 626 833 686 890  
  Public Administration 753 1,043 788 1,252  
  Other 585 871 1,074 800  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.