Rutherford County Ranked 3rd in TN for Lowest Unemployment Rate

Aug 02, 2016 at 07:45 am by bryan


With the seasonal closing of schools, county unemployment rates for June 2016, released today, show the rates increased in all 95 Tennessee counties.

Rutherford County ranked number three on the list for having a low unemployment number. Rutherford County's rate was 4.1%, just behind Davidson and Williamson Counties which both had rates at 3.8%.

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The county with the highest unemployment rate was Hancock County (East TN) at 8.8% followed by Lauderdale County (West TN) at 7.9%.

Tennessee's preliminary unemployment rate for June was 4.1 percent, remaining the same from the previous month's revised rate. The U.S. preliminary rate for June was 4.9 percent, up two tenths of a percentage point from May.

The state and national unemployment rates are seasonally adjusted while the county unemployment rates are not. Seasonal adjustment is a statistical technique that eliminates the influences of weather, holidays, the opening and closing of schools, and other recurring seasonal events from economic time series.

Major Metro Areas of TN:

For the month of June, Davidson County had the state's lowest major metropolitan rate at 3.8 percent, increasing from 2.9 percent the previous month. Knox County was 4.3 percent in June, increasing from 3.2 percent the previous month. The Hamilton County rate was 4.9 percent, up from 3.7 in May. Shelby County was 5.8 percent, up from 4.4 percent the previous month.

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