Jobless rate rises in Hamilton County to 6-month high

Jobless rate rises in Hamilton County to 6-month high

July 24th, 2014 by Dave Flessner in Local - Breaking News

Unemployment in Hamilton County rose last month to its highest level in six months.

The Tennessee Department of Labor and Workforce Development said today that the jobless rate in Hamilton County jumped from 6.2 percent in May to 7.2 percent last month as students and new graduates entered the labor force and seasonal changes cut some other jobs.

Across Tennessee, the non-seasonally adjusted unemployment rate rose in all 95 counties.

Davidson County had the state's lowest major metropolitan rate in June at 6 percent, up from 5.2 in May. Knox County was 6.3 percent in June, up from 5.3 in May. Shelby County was 8.8 percent in June, up from 7.5 in May.

The Tennessee unemployment rate for June was 6.6 percent, up from 6.4 in May; the U.S. rate was 6.1 percent, down from 6.3 in May.

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.