DeKalb Unemployment Rate Falls to 6.9% in November

DeKalb County’s jobless rate for November dropped to 6.9%, down from 7.5% in October and well below the 8% rate recorded for November 2011.
The local labor force for November was 9,540. A total of 8,890 were employed and 650 were without work.
DeKalb County’s unemployment rate 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%
Van Buren County: 10.7%
White County: 10.6%
Clay County: 9.6%
Warren County: 8.8%
Jackson County: 8.5%
Fentress County: 8.3%
Cumberland County: 7.8%
Macon County: 7.3%
Overton County: 7%
DeKalb County: 6.9%
Smith County: 6.4%
Putnam County: 6.4%
Cannon County: 5.8%
County non-seasonally adjusted unemployment rates for November show the rate decreased in 91 counties, increased in one, and remained the same in three.
Tennessee’s unemployment rate for November decreased to 7.6 percent, down from the October revised rate of 8.2 percent. The national unemployment rate for November 2012 was 7.7 percent, 0.2 percentage point lower than the October rate.
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 5.2 percent, down from 5.9 percent in October. Davidson County was 5.7 percent, down from 6.5 percent. Hamilton County was 6.4 percent, down from 7.3 percent, and Shelby County was 7.8 percent, down from 8.7 percent in October.

Posted in News and tagged .