HOPKINS COUNTY, Ky — A study just released by The Kentucky Chamber of Commerce puts a spotlight on the disappointing performance of Hopkins County in producing jobs.
The study performed by Paul Coomes, PhD, Emeritus Professor of Economics, University of Louisville, gives the cold hard facts that Hopkins County has lost jobs since the recession.
Coomes used data from the U.S. Bureau of Labor Statistics and employer reports to Unemployment Insurance Programs to compile the data.
Hopkins County employment dropped 1 percent while the state showed a 5.6 percent increase and U.S. had a 6.3 percent increase. Webster County, on the other hand, was one of the state’s top performers with a 22.6 percent increase in jobs.
In looking at the data, it is quite clear that the coal-producing counties have been hammered in recent years, and the decline in coal related jobs is likely to continue while President Barack Obama remains in office. However, adding to the pressure on coal by federal regulators is greater natural gas production and lower prices of natural gas.
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