Tennessee's Unemployment Rates Drop In 89 Counties In March

Thursday, April 26, 2012

County non-seasonally adjusted unemployment rates for March 2012, released Thursday, show the rate decreased in 89 counties, increased in five counties, and remained the same in one county.

Tennessee’s unemployment rate for March fell to 7.9 percent, down from the February revised rate of 8.0 percent. The national unemployment rate for March 2012 was 8.2 percent, 0.1 percentage point lower than the February rate.

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 5.7 percent, down from 6.1 percent in February.  Davidson County was 6.6 percent, down from 7.0 percent in the previous month. Hamilton County was 7.4 percent, down from 7.6 percent, and Shelby County was 9.1 percent, down from the February unemployment rate of 9.2 percent.

Specific county information is available at http://www.tn.gov/labor-wfd/labor_figures/Labor Force Estimates Mar '12.pdf


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