Tennessee officials better be using pencil when updating the unemployment record book.
The state has set another new record when it comes to unemployment as the rate for August dropped to a new all-time low of 3.3 percent.
On top of the new record low for statewide unemployment, the rate decreased in all 95 counties. It’s the third time this year Tennessee has seen unemployment drop in every county. The rates also dropped in all 95 counties in February and April.
“To see a decrease in each and every county across Tennessee is quite an accomplishment and a sign of our state’s financial strength,” said Gov. Bill Haslam. “Our historic low unemployment rate is a reflection of Tennessee’s policies. We’re a low-tax state that encourages business investment and we don’t have a lot of debt, which allows businesses to thrive and create jobs.”
In Warren County, the unemployment rate for August was 3.8 percent.
Davidson – 2.7%
Williamson – 2.7%
Wilson – 2.9%
Rutherford – 2.9%
Sevier – 2.9%
Sumner – 2.9%
Rhea – 6.0%
Weakley – 5.9%
Lauderdale – 5.8%
Hancock – 5.7%
Houston – 5.6%
The Tennessee unemployment rate of 3.3 percent is well below the national average of 4.4 percent.
“What’s most impressive is how much the unemployment rate has dropped in our rural areas,” said Tennessee Department of Labor and Workforce Development Commissioner Burns Phillips. “Several counties have seen a nearly 3 percent decrease over the last 12 months.”