DeKalb Jobless Rate Inches Up to 7.6% in October

The DeKalb County unemployment rate for October was 7.6%, up from the 7.4% rate in September but still well below the rate of 8.3% in October, 2011.
The local labor force for October was 9,710. A total of 8,980 were employed and 740 were unemployed.
DeKalb County’s jobless rate for October was fourth lowest among the fourteen counties of the Upper Cumberland region.
Here’s how they ranked from highest to lowest:
Pickett County: 11.2%
White County: 11%
Van Buren County: 10.7%
Clay County: 9.6%
Fentress County: 9.2%
Macon County: 9%
Jackson County: 8.7%
Warren County: 8.7%
Cumberland County: 8.3%
Overton County: 7.8%
DeKalb County: 7.6%
Smith County: 7.1%
Putnam County: 7%
Cannon County: 6.8%
County non-seasonally adjusted unemployment rates for October 2012 show the rate decreased in 14 counties, increased in 64, and remained the same in 17.
Tennessee’s unemployment rate for October decreased to 8.2 percent, down from the September revised rate of 8.3 percent. The national unemployment rate for October 2012 was 7.9 percent, 0.1 percentage point higher than the September rate of 7.8 percent.
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.
Knox County had the state’s lowest major metropolitan rate of 5.9 percent, unchanged from September. Davidson County was 6.5 percent, down from 6.6 percent. Hamilton County was 7.3 percent, up from 7.1 percent, and Shelby County was 8.7 percent, up from 8.5 percent in September.

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