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Moore unemployment rate up

Posted on Monday, March 26, 2012 at 6:24 pm

The most recent unemployment information provided by the Department of Labor and Workforce Development shows Moore County’s jobless rate increased by 0.8 percent to 7.8 percent in January – up from 7 percent in December.

County non-seasonally adjusted unemployment rates for January 2012, released last week, show the rate increased in 91 counties, decreased in three counties, and remained the same in one county.

Tennessee’s seasonally adjusted unemployment rate for January fell to 8.2 percent, down from the December revised rate of 8.5. The national unemployment rate for January 2012 was 8.3 percent, a decrease of 0.2-percentage point from the December rate.

Regionally, Lincoln County remains area leader with just 6.4 percent unemployment – up from 5.4 percent in December. Coffee County remains unchanged at 8.4 percent. Franklin County increased to nine percent from 7.9 percent the previous month. Bedford County continues to have the highest area unemployment rate at 9.8 percent – up from 9.2 in December.

Knox County had the state’s lowest major metropolitan rate of 6.2 percent, up from 5.9 percent in December.  Davidson County was 7.1 percent, up from 7.0 percent in the previous month. Hamilton County was 7.9 percent, up from 7.4 percent, and Shelby County was 9.4 percent, up from the December unemployment rate of 8.9 percent.