Friday 29th March 2024
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Unemployment Rates Lower In Most Every County

unem-aug-2020

NASHVILLE – Newly released data from the Tennessee Department of Labor and Workforce Development highlighted an improving economy with lower unemployment in nearly every county across the state in August.

However, unemployment rates are still high in our area, with Benton Co. on the list of the highest unemployment rates in the state. With 9.1 percent, Benton Co. is ranked 87th out of 95 counties for highest unemployment.

Unemployment rates decreased in 94 of Tennessee’s 95 counties during the month. Benton was the only county with a slight increase of 0.1 of a percentage point in its month-to-month comparison.

Elsewhere in our area, Dyer Co. has 8.2 percent, Carroll County is at 7.5 percent; Gibson and Obion Counties are at 7.4 percent; Stewart is at 6.6 percent and Weakley is at 6.3 percent.

Moore County had the state’s lowest unemployment rate in August. At 5.1%, unemployment in the county dropped by 1.3 percentage points when compared to the previous month’s revised rate of 6.4%.

Pickett and Williamson counties had the next lowest rates in the state. Pickett County’s rate went down 1.1 percentage points to 5.2%. Williamson County’s revised July rate of 6.5% dropped to 5.3% in August.

Shelby County experienced the state’s highest unemployment in August. The county’s new rate of 13.4% is down 1.4 percentage points from its revised July rate.

At 11.4%, Haywood County had the second-highest unemployment rate for the month. That represents a 1.6 percentage point decrease from the previous month. Davidson County recorded the third-highest unemployment rate in August. Its new rate is 10.4%, down 1.9 percentage points from the county’s July statistic.

Each of the state’s largest cities experienced lower unemployment in August. Memphis dropped 1.4 percentage points from its revised July rate of 17.4%. Nashville’s rate is now 10.4%, down 1.9 percentage points. Knoxville’s August rate of 8.1% is 1.5 percentage points lower than its July rate.

A complete analysis of Tennessee’s August 2020 county unemployment data is available here.

The statewide seasonally adjusted jobless rate in August dropped to 8.5%, down 1.2 percentage points from July’s revised rate of 9.7%.

Nationally, seasonally adjusted unemployment also decreased in August. At 8.4%, the United States unemployment rate fell 1.8 percentage points from the revised July rate of 10.2%

Businesses across Tennessee are ready to help the state’s economy rebound by reemploying out of work individuals. Jobs4TN.gov, Tennessee’s workforce development website, currently has 219,000 open positions for all job skill levels.

Jobs4TN.gov also offers online assistance with writing a resume that will catch the attention of employers, advice on how to engage and impress during job interviews, and details about potential job training opportunities.

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