Rates Decrease in Sixty-Two Tennessee Counties
Nashville, TN – Tennessee County unemployment rates for April 2013, released today, show the rate decreased in 62 counties, increased in 23, and stayed the same in ten.
Knox County had the state’s lowest major metropolitan rate of 6.4 percent, up from 6.2 percent in March. Davidson County also increased from 6.2 in March to 6.5 in April.
Hamilton County was 7.5 percent, down from 7.6 percent in the previous month. Shelby County was 9.2 percent, down from 9.5 percent in March.Montgomery County had an unemployment rate of 8.4 percent in April, down -0.4 from 8.8 percent in March.
Tennessee’s unemployment rate for April was 8.0 percent, which increased two tenths of one percentage point from the March revised rate of 7.8 percent. The national unemployment rate for April 2013 was 7.5 percent, decreasing by one tenth of one percentage point from the previous month.
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.
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