Unemployment Rates Improve Across All Counties
April 2017 Data Tells Story of Continued Improvement in Tennessee’s Workforce
NASHVILLE – Tennessee’s county unemployment rates for April 2017 have decreased in all 95 counties, according to data released today by the Tennessee Department of Labor and Workforce Development (TDLWD).
“One year ago, we had eight counties with an unemployment rate above 6 percent,” said TDLWD Commissioner Burns Phillips. “This April, only two counties in the entire state reached that level. While we still have work to do, it is clear Tennessee is making progress in putting people to work.”
Specific county information for the month of April is available online at http://tn.gov/assets/entities/labor/attachments/Labor_Force_Estimates%2C_Apr_17.pdf.
For the month of April, Davidson County has the state’s lowest major metropolitan rate at 2.7 percent, a decline from 3.4 percent of the prior month. Knox County’s rate is 3.2 percent, decreasing from March’s 3.9 percent. Hamilton County declined from its previous month’s rate of 4.5 to 3.6 percent and Shelby County has an unemployment rate of 4.4 percent rate, a decrease from 5.3 percent in March.
Preliminary unemployment rates have fallen for both Tennessee and the United States. Decreasing by four-tenths of a percentage point, the state rate is 4.7 percent for April. The national rate fell a tenth of percentage point to 4.4 percent for the month.
The state and national unemployment rates are seasonally adjusted, while the county unemployment rates are not. Seasonal adjustment is a statistical technique that eliminates the influences of weather, holidays, opening and closing of schools, and other recurring seasonal events from economic time series.
The Economic Analysis and Labor Force Estimates are prepared by the Employment Security division’s labor market information specialists. The division reports metrics and contextual information as it relates to employment, income, and population in Tennessee. Economical issues are narrated in monthly newsletters and additional resources are available on Jobs4TN.gov.
The state unemployment release for May 2017 will be published on Thursday, June 15, 2017 at 1:30 p.m. CT.