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NASHVILLE – Unemployment percentages in Carroll, Henry and Weakley counties declined between the months of July and August 2018. However, Carroll still remains in the top 10 counties in …
NASHVILLE – Unemployment percentages in Carroll, Henry and Weakley counties declined between the months of July and August 2018. However, Carroll still remains in the top 10 counties in unemployment percentage.
According to labor force estimates issued by the Tennessee Department of Labor and Workforce Development, Carroll County had an unemployment rate of 5.5 percentage points in August, down from 6.1 in July. From a labor force of 11,950, some 11,280 were employed and 660 were unemployed. The rate of 5.5 is .5 percent higher than one year earlier.
Next month’s rate could be adversely affected by the September 15 closing of McKenzie Regional Hospital, where approximately 200 persons worked. However, some positive industrial announcements could bode well for the county with the recent announcement of Pottery Direct locating in McKenzie, and a yet unnamed manufacturing company to open in Bruceton in a former HIS building.
Henry County had an unemployment rate of 4.3 percent in August, down from 4.8 in July, but higher than 4.2 percent one year ago. From a labor force of 14,220, a total of 13,610 were employed and 610 were unemployed.
Weakley County had an unemployment rate of 5.0 percent, down from 7.6 percent in July, and down one percent from one year earlier. From a labor force of 15,790, approximately 15,010 were employed and 790 were unemployed.
Six of the top 10 counties in unemployment were in West Tennessee, including Carroll, Obion, Lake, McNairy, Haywood, and Lauderdale, which had the highest unemployment rate at 6.7 percent.
Northwest Tennessee had the highest overall unemployment at an average of 5.0 percent.
Williamson, Sevier, Davidson, Cheatham, and Rutherford counties were the top five counties with the lowest unemployment rate in the state.
Overall, Tennessee had an unemployment rate of 3.6 percent and the U.S. had a rate of 3.9 percent.