July 2016 County Unemployment Rates

NASHVILLE – County unemployment rates for July 2016, released today, show the rates decreased in 73 counties, increased in 11, and remained the same in 11 counties. Specific county information for July is available on the Internet:

For the month of July, Davidson County had the state’s lowest major metropolitan rate at 3.7 percent, decreasing from 3.8 percent the previous month. Knox County was 4.2 percent in July, decreasing from 4.3 percent the previous month. The Hamilton County rate was 4.9 percent, unchanged from the previous month.  Shelby County was 5.6 percent, down from 5.8 percent the previous month.

Tennessee’s preliminary unemployment rate for July was 4.3 percent, increasing two tenths of a percentage point from the previous month’s revised rate. The U.S. preliminary rate for July was 4.9 percent, remaining unchanged from the previous month. 

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.

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