Louisville, KY-IN, Area Economic Summary

The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.

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United States Feb area Employer area United States East South Central Louisville area United month percent Wage

Updated April 11, 2022
Average weekly wages for all industries by county
Louisville area, third quarter 2021
(U.S. = $1,251; Area = $1,084)
Source: U.S. BLS, Quarterly Census of Employment and Wages.
This summary presents a sampling of economic information for the area; supplemental data are provided for regions 
and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are 
not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area 
summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm.
Louisville, KY-IN, Area Economic Summary
Unemployment rates for the nation and selected 
areas
Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector
3.9
2.1
2.4
4.3
3.5
4.1
5.0
3.8
4.2
4.1
4.6
6.6
0.0
5.0
10.0
Jefferson Co., KY
Floyd Co., IN
Clark Co., IN
Bullitt Co., KY
Louisville area
United States
Feb-21
Feb-22
Source: U.S. BLS, Local Area Unemployment Statistics.
Unemployment rates
-20.0
-15.0
-10.0
-5.0
0.0
5.0
10.0
15.0
20.0
Feb-19
Feb-20
Feb-21
Feb-22
Louisville area
United States
Source: U.S. BLS, Current Employment Statistics.
12-month percent changes in employment
Number Percent
Total nonfarm
665.3
21.6
3.4
Mining, logging, and construction
28.0
0.7
2.6
Manufacturing
78.9
-1.7
-2.1
Trade, transportation, and util ities
154.8
2.8
1.8
Information
8.7
0.4
4.8
Financial activities
47.9
-0.7
-1.4
Professional and business services
90.3
6.4
7.6
Education and health services
100.8
4.6
4.8
Leisure and hospitality
61.2
7.8
14.6
Other services
22.9
-0.3
-1.3
Government
71.8
1.6
2.3
Source: U.S. BLS, Current Employment Statistics.
Feb. 2022
Change from Feb. 
2021 to Feb. 2022
Louisville area employment
(number in thousands)
Over-the-year change in the prices paid by urban 
consumers for selected categories
Over-the-year changes in the selling prices received by 
producers for selected industries nationwide
Average hourly wages for selected occupations
Over-the-year changes in wages and salaries
Southeast Information Office • BLSinfoAtlanta@bls.gov • https://www.bls.gov/regions/southeast • 404-893-4222
Average annual spending and percent distribution 
for selected categories
Employer costs per hour worked for wages and 
selected employee benefits by geographic division
8.4
7.4
26.2
7.9
7.9
25.6
0.0
5.0
10.0
15.0
20.0
25.0
30.0
All items
Food
Energy
South region
U.S. city average
Source: U.S. BLS, Consumer Price Index.
12-month percent change in CPI-U, February 2022
-10.0
-5.0
0.0
5.0
10.0
15.0
20.0
25.0
Feb-19
Feb-20
Feb-21
Feb-22
General freight trucking
Hospitals
Insurance carriers
Source: U.S. BLS, Producer Price Index.
12-month percent changes in PPI
$19,029
$21,409
$9,745
$9,826
$6,477
$7,316
$6,591
$7,246
$5,098
$5,177
$8,857
$10,360
0%
20%
40%
60%
80%
100%
South region
United States
All other items
Healthcare
Personal insurance & pensions
Food
Transportation
Housing
Average annual expenditures, United States and 
South region, 2020
Source: U.S. BLS, Consumer Expenditure Survey.
Occupation
Louisville area
United 
States
All occupations
$25.15 $28.01
General and operations managers
46.56
55.41
Accountants and auditors
35.97
40.37
Registered nurses
33.66
39.78
Cargo and freight agents
21.22
23.28
Construction laborers
19.97
21.22
Industrial truck and tractor operators
19.29
19.69
Source: U.S. BLS, Occupational Employment and Wage Statistics, May 2021.
Private industry,
December 2021
East South 
Central (1)
United 
States
Total compensation
$31.01
$38.07
   Wages and salaries
22.32
26.86
   Total benefits
8.69
11.22
      Paid leave
2.17
2.85
         Vacation
1.10
1.46
      Supplemental pay
0.99
1.32
      Insurance
2.28
2.87
      Retirement and savings
0.98
1.32
      Legally required benefits
2.26
2.86
Source: U.S. BLS, Employer Costs for Employee Compensation.
(1) The states that compose the East South Central census division are: AL, 
KY, MS, and TN.
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
Dec-18
Dec-19
Dec-20
Dec-21
East South Central
United States
Source: U.S. BLS, Employment Cost Index.
12-month percent changes in ECI