Tennessee Unemployment Rate Falls Again
Tennessee’s unemployment rate continues to fall. New numbers are out for the month of September and they show that Tennessee’s unemployment rate sits at 4.4%…that’s a drop from 4.6% in August. The unemployment rate for the state in January at the start of 2021 was 5.1%. Wages are also up in Tennessee…especially for production workers. Their pay is up nearly 19% in the past year. That’s the biggest increase in the southeast.
Individual county unemployment rates for the month of September will be announced next Thursday. That is expected to be good news. For the week ending October 16th, there were 22 new unemployment claims filed in Cocke County but only 140 continued claims.
Elsewhere, Greene County had 75 new claims with 175 continued…Hamblen County had 227 continued claims with 67 new….Jefferson County reported 39 new unemployment claims but only 112 continued and Sevier County the most new claims with 95, but there were less than 200 continued claims with 178.