FEBRUARY COUNTY UNEMPLOYMENT RATES
NASHVILLE – Tennessee's seasonally adjusted unemployment rate for February 2005 of 5.9 percent, the same as the seasonally adjusted January 2005 rate of 5.9 percent, was released on March 17, 2005. County non-seasonally adjusted employment rates for February 2005, released today, show that 74 counties decreased, 14 counties increased, and 7 remained the same.
Williamson County registered the state's lowest county unemployment rate at 3.9 percent, the same as in January. Clay County was the state’s highest at 12.1 percent, down from 12.3 in January.
Knox County had the state’s lowest major metropolitan rate at 4.6, down from 4.7 in January. Davidson County was 4.9, down from 5.0 in January. Hamilton County was at 5.1 percent, down from 5.4 in January, and Shelby County was 6.9 percent, down from 7.3 in January.
The U.S. Bureau of Labor Statistics has revised the unemployment rate estimating methodology including the introduction of the Office of Management and Budget’s new 2000 geographic standards to 2000 Census data. To learn more about the revised rate estimating methodology and the statistical areas, go to the Tennessee Department of Labor & Workforce Development Web site at www.tennessee.gov/labor-wfd/ and click on the NEW UNEMPLOYMENT RATE METHODOLGY UPDATE icon. For complete labor force estimates, go to www.tennessee.gov/labor-wfd/labor_figures/february2005county.pdf.