Jobless Rate Rises In All Tennessee Counties

NASHVILLE – County non-seasonally adjusted unemployment rates for June 2012, released today, show the rate increased in all 95 counties.

Cannon County’s unemployment rate increased to 8.5 percent in June from 7.7 percent in May.

Figures show Cannon County had an estimated labor force of 6,770 in June, an increase of 120 from May’s 6,650. Of those, 6,190 were employed in June, and increase of 50 from the previous month.

While there were more people employed in June than May overall, the increase in workforce caused the jobless number to rise to 580 from 510.

Specific county information is available on the Internet; enter http://www.tn.gov/labor-wfd/labor_figures/LaborForceEstimates_June12.pdf

Tennessee’s unemployment rate for June rose to 8.1 percent, up from the May revised rate of 7.9 percent. The national unemployment rate for June 2012 was 8.2 percent, unchanged from May.

The state unemployment rate is 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.

Knox County had the state’s lowest major metropolitan rate of 6.7 percent, up from 6.0 percent in May. Davidson County was 7.3 percent, up from 6.7 percent the previous month. Hamilton County was 8.3 percent, up from 7.4 percent, and Shelby County was 9.7 percent, up from the May unemployment rate of 8.8 percent.