Cannon's Jobless Rate Continues To Tumble
Thursday, December 22, 2011 1:51 pm
NASHVILLE – County non-seasonally adjusted unemployment rates for November 2011, released today, show that the rate decreased in 79 counties, increased in 12 counties, and four counties remained the same.
Cannon County’s unemployment rate fell to 7.6 percent, down from 8.0 percent in October. It represents a dramatic drop from November 2010, when the county jobless rate was 9.9 percent.
Tennessee’s unemployment rate for November fell to 9.1 percent, down from the October revised rate of 9.5. The national unemployment rate for November 2011 was 8.6 percent, a decrease of 0.4 percentage point from the October rate.
Scott County had the state’s highest unemployment rate at 17.6 percent, down from 18.1 percent in the previous month, followed by Obion County at 15.2, down from 15.6 percent in October.
Knox County had the state’s lowest major metropolitan rate of 6.3 percent, down from 6.7 percent in October. Davidson County was 7.3 percent, down from 7.8 percent in the previous month.
Hamilton County was 7.4 percent, down from 7.8 percent, and Shelby County was 9.4 percent, down from the October unemployment rate of 10.0 percent.