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Montgomery County Unemployment rate stays steady at 6.9 percent

 

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee County unemployment rates for November 2014, released today, show the rate decreased in 18 counties, increased in 63 counties, and remained the same in 14 counties. Montgomery County’s rate remained unchanged at 6.9 percent.

Tennessee November 2014 County Unemployment Graph

Knox County had the state’s lowest major metropolitan rate in November at 5.1 percent, unchanged from the previous month. Davidson County was 5.2 percent in November, up from 5.1 in October.

The Hamilton County November rate was 6.4 percent, up from 6.2 percent. Shelby County was 8.1 percent in November, up from 7.8 in October.

The Tennessee preliminary unemployment rate for November was 6.8 percent, three tenths of one percentage point lower than the October revised rate of 7.1 percent. The U.S. preliminary rate for November was 5.8 percent, unchanged from the prior month.

The state and national unemployment rates are 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.

Specific county information for November is available on the Internet; enter http://www.tn.gov/labor-wfd/labor_figures/LaborNov2014.pdf.


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