Davidson County saw its unemployment rate rise to 6.3 percent in July, up from 6 percent in June and 5.2 percent in May.
Still, according to statistics the Tennessee Department of Labor and Workforce Development released Thursday, the county registered the lowest July unemployment rate of the state’s four major metropolitan areas. It has consistently had the lowest jobless mark of Tennessee's "Big Four" for many months now.
Knox County (Knoxville) saw its July jobless rate increase to 6.6 from its 6.3 percent mark in June. Hamilton County (Chattanooga) had a rate of 7.8 percent, up from 7.2 percent. The Shelby County (Memphis) rate was 9 percent, up from 8.8 percent.
Tennessee’s unemployment rate for July was 7.1 percent, up from the June revised rate of 6.6 percent. The national unemployment rate for July was 6.2 percent, up from the 6.1 mark of the previous month.
The labor department numbers show the jobless rates increased all of the state’s 95 counties in June. In may it increased in 86, decreased in five counties and remained the same in four counties. Specific county information is available here.
The state unemployment rate is seasonally adjusted while the county unemployment rates are not. Seasonal adjustment is a statistical technique that eliminates from economic time series the influences of weather, holidays, the opening and closing of schools, and other recurring seasonal events.
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