Capricious unemployment rate up from December to January
The unemployment rate shot up more than a percent in Floyd County from December to January, although that rate still remains a full 2 percent lower than a year ago.
Preliminary figures released Thursday by the state Office of Employment and Training show that Floyd Countyâ€™s unemployment rate in January was 10.2 percent, up from 9 percent in December, but well below the 12.2 percent tallied in January 2011. Trina Allen, who manages Department for Employment Services offices in Floyd and Pike counties, said part of the reason for the jump could attributed to typical seasonal changes. She said her office expects to see unemployment on the rise overall from November to April.