Unemployment rate now 16 percent here

Wednesday, March 16, 2011

Marshall County's unemployment rate is 16 percent, according to the most recent figures from the Tennessee Department of Labor and Workforce Development.

That makes Marshall the county with the third highest rate in the state, topped only by Scott and Pickett counties with 23.2 and 18.4 percent unemployment respectively.

Meanwhile, Lincoln County has the second lowest rate at 6.8 percent after having been the lowest for nearly a year. Williamson County's unemployment rate of 6.7 percent is now the state's lowest.

Marshall County figures show that there are 1,950 unemployed people here in a workforce of 12,150. Some 10,200 Marshall County residents have jobs. The rate here is up a little less than 1 percent when December and January rates are compared. However, the rate is down 4 percent compared to January one year ago.

The state rate is 9.5 percent. Nationally, it's 9 percent.