The document provides a quarterly employment report for Boyle County from Q4 2010. [1] Industrial employment saw a net loss of 21 jobs compared to the previous quarter, though there was a gain of 297 jobs since the start of the year. [2] Non-industrial employment increased by 40 jobs over the previous quarter. [3] Overall, total employment in the county rose by 19 jobs compared to the last quarter.
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Boyle County Employment Report Q4 2010
1. ECONOMIC DEVELOPMENT PARTNERSHIP
Boyle County Quarterly Employment Report: Q4, 2010
Based upon the confidential quarterly report provided to the Boyle County Industrial Foundation (BCIF),
the Danville/Boyle County Economic Development Partnership (EDP) presents to our Partners and
community stakeholders the following general employment data for Boyle County for Q4 2010 with
comparisons to the past quarter as well as to the previous two years.
INDUSTRIAL EMPLOYMENT: The BCIF monitored employment for 18 Boyle County industries that
employ 25 or more employees. Employment data among those industries is self-reported through the
Danville/Boyle County Industrial Council, composed of local industrial managers. Current and past quarter
employment levels are as follows:
Q4—2010 Q4—2010 Net Change
3,348 3,329 + 19
Q4 witnessed a level trend of employment at most local industries, resulting in a total increase of 337
industrial jobs since the end of Q1. Three (3) local industries continued strong employment growth as a
result of growing business volume and planned expansions in their operations. However, a level trend in
employment at other industries during the last quarter of 2010 resulted only in a small net gain in comparison
with Q3. The size of the gain was reduced by Red Wing Shoe Company’s planned employment reduction
while retaining its local operations.
Comparing the status of Boyle County’s industrial employment as of December 31, 2010, with previous
employment levels in 2009 and 2008, Q4 returned to a positive growth in jobs from 2009 and further cut into
the employment deficit since 2008:
Q4—2010 Q4—2009 Q4—2008 Net Changes
3,348 3,270 3,711 ’09: +78 ’08: - 363
NON-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 health
care, retail, education, banking, government, and transportation sectors. Current and past quarter
employment levels are as follows. Q4 resulted in a gain in local non-industrial employment among these
larger employers.
Q4—2010 Q3—2010 Net Change
4,177 4,137 +40
TOTAL OVERALL EMPLOYMENT: In light of the above statistics, the total employment numbers for
Boyle County in Q4 2010 is as follows. The positive job growth in the non-industrial sector overcame the
loss in the industrial sector for net job growth overall for Q4.
2. Q4—2010 Q3—2010 Net Change
7,525 7,466 + 59
OVERALL LABOR FORCE STATISTICS: For all sectors of the Boyle County economy, the Kentucky
Office of Employment & Training reports the following data for Boyle Countians in the most recent
quarters available:
Dec ’10 Sept ’10 (Q3) Change
Employed 11,593 11,631 - 38
Unemployed 1,532 1,555 - 23
Unemployment Rate 11.7% 11.8% - 0.1%
Unemployment rates in surrounding counties are as follows: Mercer, 11.5%; Garrard, 11.1%; Lincoln, 13.2%;
Casey, 10.7%; Marion, 10.5%; and Washington, 11.1%. A map of unemployment rates for all Kentucky
counties for December 2010 may be viewed at:
http://www.workforcekentucky.ky.gov/admin/uploadedPublications/1046_December_10_UR.pdf.
An annual comparison of unemployment rates reveals the following:
Dec ’10 Dec ‘09 Change
Unemployment Rate 11.7% 10.7% +1.0%
A map of changes in unemployment rates for all Kentucky counties from December 2009 to December 2010
may be viewed at:
http://www.workforcekentucky.ky.gov/admin/uploadedPublications/1048_December_09_to_December_1
0_Change.pdf.
Please contact the EDP if you have any questions or have any suggestions about how this quarterly report
can be more meaningful to you, your organization, or agency.
For more information:
Jody A. Lassiter, JD
President/CEO
Danville/Boyle County Economic Development Partnership
(859) 236-2805
jody@betterindanville.com