Results indicate that Okun's coefficient ranges from -0.19 to -0.24 at the MSA level. Between one-half to two-thirds of changes in local unemployment occur as a spillover effect from neighboring MSA output growth. Each MSA's potential real output growth rate averages between 1.7 to 2.7 ...
The increasing national unemployment rate indicates that other counties in the Louisville MSA may follow. However, the September 2001 unemployment rate in many counties is below that of 2000. Recent data for the Louisville MSA (see ...
In labor force - Unemployment Rate 6.9 6.3 -0.6 -8.7 Employment by Industry; Civilian employed population 16 years and over 613,737 622,294 8,557 1.4 Agriculture, forestry, fishing and hunting, and mining 2,487 3,727 1,240 49.9 Construction 31,626 31,536 -90 -0.3 Manufacturing 57,755 ...