Volume 51, Number 30

eighteen pages

Byrdstown, Tennessee 38549 -- Thursday, July 24, 2014

Pickett County unemployment down to 9.7 percent for April

County unemployment rates for April 2014, released this week, show the rate decreased in all 95 counties.
Davidson and Knox counties had the state’s lowest major metropolitan rates in April, both at 4.7 percent. Davidson was down from 5.5 percent in March and Knox was down from 5.6 percent. The Hamilton County April rate was 5.6 percent, down from 6.7 percent in March. Shelby County was 7.1 percent in April, down from 8.4 percent in March. Both Tennessee and the U.S. had April unemployment rates of 6.3 percent, and both were down from 6.7 percent in March.
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.
Pickett County reported a 9.7% unemployment rate for April, down significantly from March’s rate of 12.4%. Surrounding counties reported the following jobless rates for April: Overton County 6.2%, down from 8.1%; Putnam County 5.5%, down from 6.5%; Fentress County 6.7%, down from 7.6%; and Clay County 8.0%, down from 10.0%.

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