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Friday, Oct. 24, 2014

Unemployment lower still in Marshall County

Friday, May 25, 2012

NASHVILLE, Tenn. -- Marshall County may have the sixth highest unemployment rate in Tennessee, but the latest figures released from the state show that joblessness went down in the county from 12.1 percent to 11.2 percent, or nearly a full percentage point.

This South Central Tennessee county's decline was among many others' lower unemployment rates as the state Department of Labor and Workforce Development reported on Thursday that "the rate decreased in 84 counties, increased in five counties, and remained the same in six counties."

Tennessee's unemployment rate for April fell to 7.8 percent, down from the March revised rate of 7.9 percent. The national unemployment rate for April 2012 was 8.1 percent, 0.1 percentage point lower than the March 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.

Williamson and Lincoln counties continued to show the lowest rates at 5.3- and 5.5 percent, respectively. Scott, Obion, Pickett, Lauderdale and Perry Counties had higher unemployment rates compared to Marshall County. The highest rate was 15.4 percent in April for Scott County.

See the Wednesday print edition of the Marshall County Tribune for a more complete report.