Madisonville - Hopkins County Kentucky Economic Development Group Madisonville - Hopkins County Kentucky Economic Development Group
Welcomt to Madisonville Hopkins County Economic Development Grou- www.kymtec.com Kentucky State Seal Madisonville
Hopkins County
Economic Development
Corporation


755 Industrial Rd.
Madisonville, KY 42431
Phone: 270-821-1939
Fax: 270-821-1945

Kentucky Sprit
www.kymtec.org

Madisonville Hopkins County Economic Development Corporation

Workforce


Economic Development / Community Data / Workforce
Hopkins County - Workforce
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, 2005 Future Labor:
Becoming 18 Years of Age
(2006-2009)
 
  Total Unemployed Potential Labor Supply  
  Labor Market Area 12,127 6,949 5,178 12,370  
  Hopkins County 1,772 1,386 386 2,557  
  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  
    Hopkins County Labor Market Area  
  2005 Dec. 2006 2005 Dec. 2006  
  Civilian Labor Force 22,727 23,374 103,801 106,826  
  Employed 21,341 22,178 96,852 100,838  
  Unemployed 1,386 1,196 6,949 5,988  
  Unemployment Rate (%) 6.1 5.1 6.7 5.6  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Unemployment Rate (%)  
  Year Hopkins County Labor Market Area Kentucky U.S.  
  2001 5.8 6.0 5.2 4.7  
  2002 5.6 6.0 5.7 5.8  
  2003 6.7 6.7 6.3 6.0  
  2004 5.6 5.8 5.5 5.5  
  2005 6.1 6.7 6 5.1  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  
  Commuting Patterns  
  Residents of Hopkins County 2000 Percent  
  Working and Residing In County 15,060 79.0  
  Commuting Out of County 4,005 21.0  
  Total Residents 19,065 100.0  
  Employees in Hopkins County  
  Working and Residing In County 15,060 81.1  
  Commuting Into County 3,510 18.9  
  Total Employees 18,570 100.0  
  Source: U.S. Department of Labor, Bureau of the Labor Statistics.  
 
  Average Weekly Wage, 2005  
    Hopkins County Kentucky (Statewide) U.S. Ohio  
  All Industries $601 $653 $782 $718  
  Agriculture, Forestry, Fishing and Hunting 409 520 447 447  
  Mining 1,256 1,003 1,388 1,068  
  Construction 637 687 808 777  
  Manufacturing 742 847 949 927  
  Trade, Transportation, and Utilities 464 615 690 645  
  Information 548 719 1,178 897  
  Financial Activities 652 835 1,235 943  
  Services 492 564 689 630  
  Public Administration 670 717 906 873  
  Other 175 839 732 613  
     
    Indiana Illinois Tennessee Virginia  
  All Industries $681 $841 $689 $813  
  Agriculture, Forestry, Fishing and Hunting 501 525 480 467  
  Mining 992 1,068 985 996  
  Construction 785 1,002 719 773  
  Manufacturing 928 971 823 851  
  Trade, Transportation, and Utilities 602 743 674 651  
  Information 768 1,082 847 1,391  
  Financial Activities 852 1,346 966 1,169  
  Services 570 749 607 772  
  Public Administration 678 924 705 1,096  
  Other 586 729 772 782  
  Source: U.S. Department of Labor, Bureau of Labor Statistics.  

Madisonville - Hopkins County Kentucky Economic Development Group Madisonville - Hopkins County Kentucky Economic Development Group


Copyright 2008 Economic Development Corporation Madisonville Hopkins County Kentucky. All Rights Reserved
Website Design by CAD Website Design