Volume 51, Number 35

twelve pages

Byrdstown, Tennessee 38549 -- Thursday, August 28, 2014

Pickett unemployed at 12.7%

County unemployment rates for December 2012, released this week, show the rate decreased in two counties and increased in 93 primarily due to normal seasonal employment declines. County unemployment rates are not seasonally adjusted and reflect seasonal employment changes from month to month.
Tennessee’s unemployment rate for December remained constant from the November revised rate of 7.6 percent. The national unemployment rate for December 2012 was 7.8 percent, also unchanged from the previous month.
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 recorded a 12.7% unemployment rate for December, up 1.5 percentage points from 11.2%.
Surrounding counties reported the following jobless rates for December: Clay County 10% (up from 9.6%); Fentress County 9.2% (up from 8.3%); Putnam County 7.1% (up from 6.5%); and Overton County 7.4% (up from 6.9%).

TOP STORIES

Budget fails to pass during August 18 commission meeting - The Pickett County Commissioners met in regular session on August 18, 2014. Present and presiding wa... Keep Reading

Pickett County jobless at 10.7% - County unemployment rates for June 2014, released this week, show the rate increased in all 95 count... Keep Reading

Pickett among 85 counties to receive ThreeStar status - The Tennessee Department of Economic and Community Development has announced 85 out of 95 counties h... Keep Reading