NASHVILLE – County unemployment rates for September 2014, released today, show the rate decreased in 94 counties and increased in one. Specific county information for September is available on the Internet; enter http://www.tn.gov/labor-wfd/labor_figures/LaborSEPT2014.pdf.
Knox County had the state’s lowest major metropolitan rate for September at 5.4 percent, down from 6.3 in August. Davidson County was 5.5 percent, down from 6.2 in August. The Hamilton County September rate was 6.6 percent, down from 7.4. Shelby County was 8.4 percent in September, down from 8.9.
The Tennessee preliminary,unemployment rate for September was 7.3 percent one tenth of one percentage point lower than the 7.4 August revised rate. The U.S. preliminary rate for September was 5.9 percent, down from 6.1 percent in August.
The state and national unemployment rates are 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.
