76.4 F
Clarksville
Sunday, September 25, 2022
HomeNewsMontgomery County Unemployment rate dropped 0.4 percent in November, Unemployment Drops in...

Montgomery County Unemployment rate dropped 0.4 percent in November, Unemployment Drops in Most Tennessee Counties

The Majority of Tennessee Counties Record Lower Unemployment Rates for the Month

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – The employment situation improved in a majority of Tennessee’s counties during November, according to data from the Department of Labor and Workforce Development. This comes after the statewide unemployment rate returned to pre-pandemic levels for the month.

Eighty-five counties recorded lower unemployment rates in November, while five counties saw no movement with their rates, and the remaining five counties experienced a slight increase in unemployment.

Montgomery County’s unemployment rate for November was 3.2 percent. This is down 0.4 percent from October’s 3.6 percent.

Williamson County continued to have the state’s lowest level of unemployment. At 2.1%, its November rate is down 0.1 of a percentage point when compared to October. Cheatham County had the second-lowest rate in the state, moving from 2.5% to 2.2% in November.

At 5.1%, Perry County had the highest rate of unemployment in the state. That figure represented a 0.2 of a percentage point drop from its October rate. Maury County, Cocke County, and Lewis County each had a November rate of 4.7%. That accounted for a 0.2 of a percentage point increase for Maury County, a 0.5 of a percentage point increase for Cocke County, and a 0.3 of a percentage point jump in Lewis County.

Statewide, Tennessee experienced lower unemployment for the sixth consecutive month. With a November seasonally adjusted rate of 4%, down 0.2 of a percentage point from October, the state matched its pre-pandemic unemployment levels. In March 2020, the state’s rate was 4% and then spiked to an all-time high of 15.8% the next month.

Nationally, unemployment also improved in November. The seasonally adjusted rate for the month was 4.2%, down 0.4 of a percentage point from the October rate of 4.6%.

The state and national unemployment rates are seasonally adjusted to factor in seasonal economic influences such as school breaks and severe weather conditions, while county unemployment rates are not.

A complete analysis of the November county unemployment data is available here.

Job seekers across Tennessee can access helpful information and assistance online or in person. They can learn more about what services are available at www.TNWorkReady.com.

RELATED ARTICLES

Latest Articles