Jobless rate drops significantly

Floyd has one of the lowest unemployment rates in state. The Louisville Metropolitan Statistical Area unemployment rate dipped from 12.2 percent in February to 10.7 percent in March, according to a Bureau of Labor Statistics report released Wednesday. While 321 of 372 metropolitan areas in the country surveyed had higher jobless rates than the year prior, the number of unemployed dropped by 9,000 in Louisville Metro from February to March