Boyle County, KY Employment Report:  Q3, 2012
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Boyle County, KY Employment Report: Q3, 2012

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This is the public Boyle County Employment Report for Q3 2012 compiled through the Boyle County Industrial Foundation's quarterly employment census

This is the public Boyle County Employment Report for Q3 2012 compiled through the Boyle County Industrial Foundation's quarterly employment census

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Boyle County, KY Employment Report: Q3, 2012 Document Transcript

  • 1. ECONOMIC DEVELOPMENT PARTNERSHIP Boyle County Quarterly Employment Report: Q3, 2012Based upon the confidential quarterly report compiled by the Boyle County Industrial Foundation (BCIF),the Danville/Boyle County Economic Development Partnership (EDP) presents the following generalemployment data for Boyle County for Q3 2012 (July 1 – September 30) with comparisons to past quarters aswell as to the previous 2 - 4 years.INDUSTRIAL EMPLOYMENT: BCIF monitored employment for 18 Boyle County industries thatemploy 25 or more employees. One (1) firm did not respond, so its employment level was held constant.Current and past quarter employment levels are as follows:Q3—2012 Q2—2012 Q1—2012 Q4—20113,329 3,199 3,044 3,122Net Changes: + 130 + 285 + 207Double-digit employment growth at six (6) industries resulted in a continued increase in jobs for BoyleCounty’s industrial sector in Q3.Comparing the status of Boyle County’s industrial employment as of September 30, 2012, with previousemployment levels in the previous four years (2008 – 2011), Q3 yields the following net employment changes:Q3—2012 Q3—2011 Q3—2010 Q3—2009 Q3—20083,329 3,057 3,329 3,330 3,868Net Changes: + 272 0 -1 - 539NON-INDUSTRIAL EMPLOYMENT: The BCIF tracks the self-reported employment of eleven (11)non-industrial employers, in both private and public sectors, with over 100 employees. BCIF tracks healthcare, retail, education, banking, government, and transportation sectors. Two (2) firms did not respond, sotheir employment levels were held constant. Current, past quarter, and one-year comparison employmentlevels are as follows:Q3—2012 Q2—2012 Q1—2012 Q4—20113,869 3,801 3,842 3,851Net Changes: + 68 + 27 + 18Comparing the status of Boyle County’s non-industrial employment as of September 30, 2012, with previousemployment levels in two (2) previous years, Q3 yields the following net employment changes:Q3—2012 Q3—2011 Q3—20103,869 3,833 3,959Net Changes: + 36 - 90
  • 2. Boyle County Quarterly Employment Report: Q3, 2012Page 2TOTAL OVERALL EMPLOYMENT: In light of the above statistics, total employment for BoyleCounty in Q3 2012 with previous quarter and a 2-year comparison is as follows:Q3—2012 Q2—2012 Q3—2011 Q3—20107,198 7000 6,890 7,288Net Changes: + 198 + 308 - 90OVERALL LABOR FORCE STATISTICS: For all sectors of the Boyle County economy, the KentuckyOffice of Employment & Training reports the following data for Boyle Countians in the most recentquarters available: Sep ’12 Jun ’12 ChangeEmployed 11,196 11,364 - 168Unemployed 1,135 1,236 - 101Unemployment Rate 9.2% 9.8% - 0.6%An annual comparison of unemployment rates reveals the following: Sep ’12 Sep ‘11 ChangeUnemployment Rate 9.2% 11.4% - 2.2%Please contact the EDP if you have any questions or have any suggestions about how this quarterly reportcan be more meaningful to you, your organization, or agency.For more information:Jody A. Lassiter, JDPresident/CEODanville/Boyle County Economic Development Partnership(859) 236-2805jody@betterindanville.com