Ashland Alliance

Economy in Tri-State making positive strides

Carter County's job numbers continue to improve.

Carter's unemployment rate was at 7.6 percent in September, which is a very significant improvement over months prior. In July Carter County’s unemployment rate was fourth highest in the state at 11.3 percent. A month later, it dropped slightly to 10.5 percent out of work.

Tim Gibbs, president and chief executive officer of the Ashland Alliance, said the improved job numbers in Carter aren’t some obscure statistical aberration. Area businesses are, in fact, hiring.

“There has been some growth in the job market,” Gibbs said. “Steel of West Virginia has been hiring ... Great Lakes Minerals is hiring. (Wright-Mix Material Solutions) is hiring. Smithfield is hiring ... there are several entities who are hiring this fall.”

The new job numbers were released this past week for every county in Kentucky. The release was issued by the Office of Employment and Training and the Kentucky Education and Workforce Development Cabinet.

Boyd and Greenup counties unemployment rates, meanwhile, improved dramatically as well. Boyd was at 6 percent, down from 8.1 percent, and Greenup County’s was at 6.5 percent, down from 8.5 percent.

READ MORE ON THIS STORY AT DAILYINDEPENDENT.COM

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