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, 2012 Future Labor:
Becoming 18 Years of Age
(2014-2017)
 
  Total Unemployed Potential Labor Supply  
  Labor Market Area 8,435 7,003 1,432 8,910  
  Taylor County 1,103 1,103 N/A 1,238  
  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  
    Taylor County Labor Market Area  
  2016 Aug. 2017 2016 Aug. 2017  
  Civilian Labor Force 11,571 11,265 74,096 74,102  
  Employed 10,980 10,688 70,338 70,232  
  Unemployed 591 577 3,758 3,870  
  Unemployment Rate (%) 5.1 5.1 5.1 5.2  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Taylor County Labor Market Area Kentucky U.S.  
  2012 7.8 8.2 8.2 8.1  
  2013 7.8 8.4 8.3 7.4  
  2014 7.4 7.1 6.5 6.2  
  2015 6.6 6.3 5.4 5.3  
  2016 5.1 5.1 5 4.9  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Taylor County 2014 Percent  
  Working and Residing In County 4,358 53.4  
  Commuting Out of County 3,799 46.6  
  Total Residents 8,157 100.0  
  Employees in Taylor County  
  Working and Residing In County 4,358 45.2  
  Commuting Into County 5,290 54.8  
  Total Employees 9,648 100.0  
  Source: U.S. Department of Commerce, Bureau of the Census.  
  Average Weekly Wage, 2013  
    Taylor County Kentucky (Statewide) U.S. Ohio  
  All Industries $584 $784 $957 $859  
  Agriculture, Forestry, Fishing and Hunting 0 631 568 566  
  Mining N/A 1,318 1,888 1,237  
  Construction 0 911 1,019 1,000  
  Manufacturing 633 1,030 1,176 1,072  
  Trade, Transportation, and Utilities 641 722 817 807  
  Information 871 853 1,616 1,219  
  Financial Activities 812 1,069 1,549 1,614  
  Services 332 692 857 783  
  Public Administration 812 813 1,097 1,032  
  Other 97 1,109 987 713  
     
    Indiana Illinois Tennessee Virginia  
  All Industries $801 $1,011 $848 $998  
  Agriculture, Forestry, Fishing and Hunting 658 646 568 571  
  Mining 1,295 1,342 1,225 1,309  
  Construction 1,030 1,185 901 939  
  Manufacturing 1,084 1,221 1,052 1,058  
  Trade, Transportation, and Utilities 703 880 800 764  
  Information 940 1,359 1,125 1,591  
  Financial Activities 1,057 1,714 1,251 1,385  
  Services 687 907 768 977  
  Public Administration 822 1,175 842 1,342  
  Other 400 717 1,170 757  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.