Cannon's Jobless Rate Drops
Thursday, August 25, 2011 4:54 pm
NASHVILLE – The unemployment rate in Cannon County declined in July.
The rate for July was 9.3 percent, nearly a full percentage point better than the June rate of 10.2 percent.
State statistics show Cannon County had a labor workforce of 6,770 in July, with 6,140 listed as employed and 630 jobless. The labor workforce dropped from 6,840 in June, and the number of jobless an equal number, from 700. The number of employed people held steady at the 6,140 number.
Statewide, county non-seasonally adjusted unemployment rates for July 2011, released today show that the rate decreased in 90 counties. Five counties increased including Houston, Obion, Overton, Smith and Weakley.
Tennessee’s unemployment rate for July was 9.8 percent, unchanged from the June revised rate. The national unemployment rate for July 2011 was 9.1 percent, down from the June revised rate of 9.2 percent.
Lincoln County registered the state's lowest county unemployment rate at 6.2 percent, down from the June rate of 6.7 percent, followed by Williamson County at 6.7 percent, down from 7.2 percent. Scott County had the state’s highest unemployment rate at 19.8 percent, down from 20.8 percent in the previous month, followed by Pickett County at 14.8 percent, down from 15.0 percent in June.
Knox County had the state’s lowest major metropolitan rate of 7.5 percent, down from 8.0 percent in June. Hamilton County was 8.4 percent, down from 9.2 percent the previous month. Davidson County was 8.5 percent, down from 9.1 percent in June, and Shelby County was 10.6 percent, down from the June unemployment rate of 11.1 percent.