
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.
|
|
Available Labor, 2012 |
Future Labor:
Becoming 18 Years of Age
(2014-2017) |
|
|
Total |
Unemployed |
Potential Labor Supply |
|
|
Labor Market Area |
29,516 |
25,248 |
4,268 |
34,940 |
|
|
Madison County |
3,050 |
3,050 |
N/A |
4,009 |
|
|
|
Madison County |
Labor Market Area |
|
|
2014 |
Mar. 2016 |
2014 |
Mar. 2016 |
|
|
Civilian Labor Force |
44,889 |
44,668 |
363,532 |
360,777 |
|
|
Employed |
42,465 |
42,624 |
343,559 |
343,610 |
|
|
Unemployed |
2,424 |
2,044 |
19,973 |
17,167 |
|
|
Unemployment Rate (%) |
5.4 |
4.6 |
5.5 |
4.8 |
|
|
Year |
Madison County |
Labor Market Area |
Kentucky |
U.S. |
|
|
2010 |
8.8 |
9.2 |
10.5 |
9.6 |
|
|
2011 |
7.7 |
8.5 |
9.5 |
8.9 |
|
|
2012 |
6.7 |
7.1 |
8.2 |
8.1 |
|
|
2013 |
6.8 |
7.1 |
8.3 |
7.4 |
|
|
2014 |
5.4 |
5.5 |
6.5 |
6.2 |
|
|
Residents of Madison County |
2014 |
Percent |
|
|
Working and Residing In County |
15,366 |
45.9 |
|
|
Commuting Out of County |
18,122 |
54.1 |
|
|
Total Residents |
33,488 |
100.0 |
|
|
Employees in Madison County |
|
|
Working and Residing In County |
15,366 |
46.3 |
|
|
Commuting Into County |
17,835 |
53.7 |
|
|
Total Employees |
33,201 |
100.0 |
|
|
Average Weekly Wage, 2014
|
|
|
|
Madison County |
Kentucky (Statewide) |
U.S. |
Ohio |
|
|
All Industries |
$699 |
$807 |
$988 |
$885 |
|
|
Agriculture, Forestry, Fishing and Hunting |
ND |
637 |
589 |
603 |
|
|
Mining |
ND |
1,322 |
1,964 |
1,352 |
|
|
Construction |
848 |
960 |
1,058 |
1,039 |
|
|
Manufacturing |
1,002 |
1,059 |
1,211 |
1,105 |
|
|
Trade, Transportation, and Utilities |
510 |
732 |
827 |
765 |
|
|
Information |
657 |
943 |
1,747 |
1,207 |
|
|
Financial Activities |
700 |
1,122 |
1,640 |
1,226 |
|
|
Services |
575 |
681 |
877 |
785 |
|
|
Public Administration |
891 |
822 |
995 |
948 |
|
|
Other |
442 |
568 |
667 |
554 |
|
|
|
|
|
|
Indiana |
Illinois |
Tennessee |
Virginia |
|
|
All Industries |
$1040 |
$818 |
$869 |
$1018 |
|
|
Agriculture, Forestry, Fishing and Hunting |
668 |
689 |
580 |
592 |
|
|
Mining |
1,405 |
1,333 |
1,306 |
1,343 |
|
|
Construction |
1,246 |
1,010 |
960 |
962 |
|
|
Manufacturing |
1,267 |
1,109 |
1,083 |
1,086 |
|
|
Trade, Transportation, and Utilities |
895 |
719 |
797 |
763 |
|
|
Information |
1,492 |
1,051 |
1,188 |
1,742 |
|
|
Financial Activities |
1,816 |
1,104 |
1,291 |
1,427 |
|
|
Services |
922 |
682 |
780 |
1,026 |
|
|
Public Administration |
1,019 |
798 |
855 |
1,048 |
|
|
Other |
737 |
561 |
608 |
775 |
|
ND = Non-disclosed
Note: The average weekly wage in 2014 for Natural Resources and Mining (the combined sectors of agriculture and mining) was $852
Source: U.S. Department of Labor, Bureau of Labor Statistics.
*The above data was updated July 2016. For the most up-to-date information, check ThinkKentucky.com at: Work Force