Montgomery County, KY monthly unemployment update

Stacker compiled statistics about the unemployment rate in Montgomery County using data from the U.S. Bureau of Labor Statistics. County and metro unemployment rates are as of April 2023.

Montgomery County had a 3.9% unemployment rate in April 2023, marking a 0.5 percentage point decrease from a month ago. Kentucky reported a 3.8% unemployment rate in May, which is the 10th highest in the country. The national unemployment rate last month rose to 3.7% but is still 0.1 percentage points higher than last year.

The unemployment rate in the Mount Sterling, KY metropolitan area was 4.1%, which is 0.2 percentage points higher than Montgomery County. Mount Sterling has the 132nd highest unemployment out of 887 metro and micro areas surveyed in the country.

Counties with the highest unemployment rate in Kentucky
#1. Magoffin County: 8.5%
#2. Lewis County: 7.3%
#3. Martin County: 6.9%
#4. Elliott County: 6.7%
#5. Carter County: 6.5%

Counties with the lowest unemployment rate in Kentucky
#1. Woodford County: 2.4%
#2. Caldwell County: 2.5%
#2. Carroll County: 2.5%
#2. Oldham County: 2.5%
#5. Anderson County: 2.6%