Unemployment rate dropped in March

Wednesday, April 27, 2011

Marshall County's unemployment rate has dropped again, although the rate remains third highest in Tennessee, according to a state report issued late last week.

The most recent figures show that the unemployment rate was 15 percent in March, down from 15.8 percent in February. In March last year, the rate was 18.2 percent, reflecting a drop of 3.2 percentage points in one year.

Unemployment rate statistics also show that those in the county's workforce of 12,310 people, 10,460 had jobs in March this year, leaving 1,840 people unemployed.

Unemployment went down in 93 Tennessee counties, and up in two (Moore and Macon). The state's unemployment rate was 9.5 percent last month. It was the same figure in February.

Nationally, the rate for March was 8.8 percent, down by one tenth of one percent when compared to the rate in February.

Lincoln County continued to be the county with the lowest unemployment rate in Tennessee. Lincoln's rate last month was 6.1 percent.

Scott County had the highest rate in March. That 21.9 percent rate was down from 22.6.