Volume 51, Number 34

fourteen pages

Byrdstown, Tennessee 38549 -- Thursday, August 21, 2014

Pickett County unemployed at 11.2% for November

County non-seasonally adjusted unemployment rates for November 2012, released this week, show the rate decreased in 91 counties, increased in one, and remained the same in three.

Tennessee’s unemployment rate for November decreased to 7.6 percent, down from the October revised rate of 8.2 percent. The national unemployment rate for November 2012 was 7.7 percent, 0.2 percentage point lower than the October 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 5.2 percent, down from 5.9 percent in October. Davidson County was 5.7 percent, down from 6.5 percent. Hamilton County was 6.4 percent, down from 7.3 percent, and Shelby County was 7.8 percent, down from 8.7 percent in October.

Pickett County was unchanged for November, staying at 11.2%.

Surrounding counties reported the following jobless rates: Clay County was unchanged at 9.6%; Fentress County 8.3% (down from 9.2%); Overton County 7.0% (down from 7.8%); and Putnam County 6.4% (down from 7.0%).

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