Unemployment rates are down for month of August
By Rima Austin | October 1, 2018 9:27 am
The state of Tennessee saw the unemployment rate dip again for the month of August.
Eighty-six of the 95 counties in Tennessee saw lower unemployment rates, according to recently released data from the Tennessee Department of Labor and Workforce Development.
Rates in White County lowered by .02 percent, from 4.3 percent, in July 2018, to 4.1 percent, in August 2018. This is still higher than the 4.0 percent rate last year at the same time.
“It’s great to see unemployment rates decrease in so many counties across the state,” said TDLWD Commissioner Burns Phillips. “Once again Tennessee successfully rebounded from the summer slump in unemployment we typically experience each year.”
Seven of the eight counties that did not see a dip in unemployment saw their employment statistics remain the same. One county saw a significant increase in unemployment. Lake County saw its August rate jump from 5.2 percent to 5.4 percent. Williamson County had the state’s lowest unemployment rate at 2.8 percent.
According to TDLWD, Tennessee had a seasonally adjusted statewide unemployment rate of 3.6 percent, in August, which was a 0.1 of a percentage point increase from the July statistic. Nationally, the seasonally adjusted unemployment rate was 3.9 percent for the second consecutive month.
“We have several counties with higher unemployment, and we are working to improve the jobless situation in those areas,” Phillips said. “The recent realignment of Tennessee’s local workforce development areas will bring increased workforce development efforts to many of those counties.”