November 2024 unemployment

The Tennessee Department of Labor and Workforce Development (TDLWD) reported last week that 91 of Tennessee’s 95 counties reported unemployment rates of less than 5% for November, with unemployment rates decreasing in 17 counties.

In November, Hawkins County had a workforce of 23,470, of whom 22,514 were employed for an unemployment rate of 4.1%. That’s up from 3.9% in October and up from 3.8% in November 2023.

November unemployment rates in Northeast Tennessee and adjacent counties included: Carter County 4.1%, Grainger County 3.8%, Hamblen County 3.5%, Hancock County 4.5%, Greene County 4.6%, Johnson County 3.8%, Sullivan County 3.7%, Washington County 3.5%, and Unicoi County 6%.

Moore and Williamson counties recorded the state’s lowest unemployment rates for November at 2.6%. Those counties also reported rates of 2.6% in October.

Sevier County had the state’s next-lowest unemployment rate for the month. At 2.7%, the rate was one-tenth of a percentage point higher than in October.

Unicoi County in Northeast Tennessee recorded the state’s highest unemployment rate for November at 6%. That was a two-tenths of a percentage point increase over its October rate of 5.8%

Bledsoe County followed with a rate of 5.4% for November. Bledsoe’s rate in October was 5.1%.

McNairy County reported the third-highest rate for the month at 5.3%, an uptick of one-tenth of a percentage point over its October rate.

The unemployment rate in Weakley County — which reported the highest rate in Tennessee in October — dropped 2 full percentage points in November to 3.9%.

Unemployment rates remained the same in 30 counties, while rates in 48 counties increased from October to November.

Tennessee’s seasonally adjusted unemployment rate was 3.5% in November. That rate was up two-tenths of a percentage point over the previous month but still seven-tenths of a percentage point below the national rate of 4.2%.

Unlike the statewide rate, county rates are not adjusted to account for seasonal impacts on employment.

Tennessee will release statewide unemployment data for December on Jan. 23.

Originally published on the BLOX Digital Content Exchange.

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