Some of the highlights of our second release include: • Employment in Kentucky grew in the first quarter of 2021 but still remains below pre-pandemic levels. [...] With employers expanding payrolls by 19,200 jobs from December to March, Kentucky has recovered 67 percent of the jobs lost in the first months of the pandemic. [...] This is reflected in Kentucky’s low labor force participation rate, which fell further behind the rates for the nation and the average of surrounding states during the pandemic. [...] HIGHLIGHTS $ Non-farm The gap between Kentucky’s GDP grew Kentucky’s tight employment was Kentucky’s labor force at an annual rate of housing market up 19,200 jobs from participation rate and pushed prices December to March the national rate was 4.3 percent but still down 4.8 percent from the 3rd to 4th up 10.7% 4.9 percent quarter of 2020. [...] 1.9 5050 0 The difference in LFP rates suggests that a US larger share of workers who lost jobs during the 45 1.8 -50 recession are not looking for work in Kentucky 2019 2019 2020 2020 2021 -100 compared to the rest of the nation.
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