January 2015 County Unemployment Rates
NASHVILLE – County unemployment rates for January 2015, released today, show the rate increased in 95 counties. Specific county information for January is available on the Internet; enter http://www.tn.gov/labor-wfd/labor_figures/LaborJAN2015.pdf.
Davidson County had the state’s lowest major metropolitan rate in January at 5.4 percent, up from 4.7 percent in December. Knox County was 5.7 percent in January, up from 4.9 the previous month. The Hamilton County January rate was 6.6 percent, up from 5.7 in December. Shelby County was 8.1 percent in January, up from 7.3 percent the previous month. Tennessee’s preliminary unemployment rate for January was 6.7 percent, one-tenth of one percentage point higher than the December revised rate of 6.6 percent. The U.S. preliminary rate for January was 5.7 percent, also rising one-tenth of one percentage point from the prior 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, the opening and closing of schools, and other recurring seasonal events from economic time series.
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