Davidson County’s December 2012 unemployment rate was 6.2 percent, up from 5.7 percent in November, according to statistics the Tennessee Department of Labor and Workforce Development released today.
Of the state’s four major metropolitan counties, Knox County (Knoxville) had the lowest December jobless rate (5.7 percent, up from 5.2 percent in November). Hamilton County (Chattanooga) was 7.2 percent, up from 6.4 percent, while Shelby County (Memphis) was 8.7 percent, up from 7.8 percent.
Davidson County's jobless rate was 6.5 percent in October.
Tennessee’s unemployment rate for December remained constant from the November revised rate of 7.6 percent. The national unemployment rate for December 2012 was 7.8 percent, also unchanged from the previous month’s figure. The state unemployment rate is seasonally adjusted while the county unemployment rates are not. Seasonal adjustment eliminates the influences of weather, holidays, the opening and closing of schools and other recurring seasonal events from economic time series.
County unemployment rates for December 2012 show the rate decreased in two counties and increased in 93 primarily due to normal seasonal employment declines.
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