Tennessee Unemployment Rate Drops In 93 Counties In August

  • Thursday, September 24, 2015

County unemployment rates for August show the rates decreased in 93 counties and increased in two. 

Davidson County had the state’s lowest major metropolitan rate in August at 4.5 percent, down from July’s rate of 4.9 percent. Knox County was 4.8 percent in August, down from 5.4 the previous month. The Hamilton County August rate was 5.7 percent, down from 6.2 in July. Shelby County was 6.9 percent in August, down from 7.4 percent the previous month.

Tennessee’s preliminary unemployment rate for August was 5.7 percent, unchanged from the previous month. The U.S. preliminary rate for August was 5.1 percent, down two tenths of one percentage point from July.

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.

Specific county information for August is available at http://www.tn.gov/assets/entities/labor/attachments/LaborAUG2015.pdf.

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