Jobless rate increases by small margin
Posted By Sparta Live | November 29, 2012 12:00 am
October 2012 unemployment rates were released last week by Tennessee Department of Labor and showed White County listed at 11 percent, up from 10.9 percent in September 2012.
White County’s October 2012 figure is also up from the October 2011 number, which was listed at 10.3 percent.
In reviewing the past 40 years in the month of October, this year’s October unemployment figure for White County ranks as the sixth highest. First place for the month of October went to 1982, with 22.8 percent, followed by 1986, with 13.8 percent; 2009, 13.2 percent; 1975, 11.6 percent; and 1983, 11.2 percent.
The lowest October jobless rate for the past 40 years was 1974, at 3.9 percent.
White County also has a higher unemployment figure than any of the five surrounding counties. Van Buren County is listed at 10.7 percent for October 2012; Warren, 8.7 percent; Cumberland, 8.3 percent; DeKalb, 7.6 percent; and Putnam, 7 percent.
Statewide, the jobless figures decreased in 14 counties, increased in 64 counties and remained the same in 17 counties.
The lowest rate was reported in Lincoln County, at 5.1 percent, while Scott County had the highest unemployment figure at 16.4 percent.
For more information about unemployment rates log onto http://www.tn.gov/labor-wfd/