Volume 51, Number 33

twelve pages

Byrdstown, Tennessee 38549 -- Thursday, August 14, 2014

Pickett County jobless down to 11.3 percent

County non-seasonally adjusted unemployment rates for September 2012, released this week, show the rate decreased in 94 counties and increased in one.
Tennessee’s unemployment rate for September decreased to 8.3 percent, down from the August revised rate of 8.5 percent. The national unemployment rate for September 2012 was 7.8 percent, 0.3 percentage point lower than the August 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.
Pickett County reported a 11.3% unemployment rate for September, down .7 percentage point from August’s rate of 12.0%.
Surrounding counties reported the following jobless rates: Clay County 9.1%, down from 9.6%; Putnam 7.0%, down from 8.1%; Overton County 8.1%, down from 9.0%; and Fentress County 9.1%, down from 9.4%.

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