Local Jobless Rate Drops Below 20%
Nashville, TN (2011-08-25) For
the first time since November 2010, the local jobless rate is below 20
percent. Despite a 1 percent decline in
joblessness, Scott
County still has the highest
rate in the State.
According
to the latest statistics from the Tennessee Department of Labor and Workforce
Development, the unemployment rate in Scott County was 19.8 percent in July, a
one-percent decrease over the month. Of
the county’s labor force of 8,220, 6,590 were employed. 1,630 people in Scott County
are looking for work. While the number
of jobless decreased by 150 over the month, those eligible for unemployment
benefits likewise declined by 300, meaning one-half of the reduction was achieved
through reduction in the labor force.
The
unemployment rate likewise decreased in all surrounding counties. Anderson
County reported a 0.6 of
a percentage point decline in joblessness, decreasing from 9.4 percent in June
to 8.8 percent in July. In Campbell County, the July jobless rate was 11.7
percent, down from 12.6 percent. Fentress County experienced a minimal decrease in
July, dipping from 11.8 to 11.7 percent over the month. Morgan
County’s unemployment
rate dropped 0.7 percentage point in July, down to 11.1. Pickett
County’s jobless rate of
15.0 in June dropped to 14.8 percent in July, giving it the honor of having the
second highest unemployment rate in the state.
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. Lauderdale County
at 14.8 percent had the third highest rate in the state, following Scott and
Pickett, respectively. Perry County
was fourth with a July rate of 14.7 percent.
Weakley County, which reported a July rate of
14.6 percent, was fifth. Counties
rounding out the top ten were: Haywood
and Hancock Counties,
both reporting 14.5 percent; Marshall
County, 14.2 percent, and
Dyer and Gibson Counties, both 13.7 percent.
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.