Tennessee Unemployment Still Very Low!

Real Estate Agent with Benchmark Realty TN 288457
Tennessee's seasonally adjusted unemployment rate for July 2007, released last week, remained unchanged from the June rate of 4.1 percent. That is GOOD NEWS when compared to the United States rate which was 4.6 percent for July, an increase of 0.1 percent from June.

County non-seasonally adjusted unemployment rates for July 2007, released today, show that all the counties experienced changes.  There were 17 counties that increased and 78 counties decreased.

Knox County registered the state's lowest county unemployment rate at 3.0 percent, down from 3.3 percent in June.  Maury County had the state's highest at 8.6 percent, down from 8.7 in June, followed by Weakley County at 8.1 percent, 0.8 percent increase from 7.3 in June.

Knoxville had the state's lowest major metropolitan statistical area (MSA) rate at 3.1 percent, which decreased from 3.4 percent in June. The Nashville-Murfreesboro MSA was 3.4 percent, down from 3.7 in June; the Chattanooga MSA was 3.8 percent, down from 3.9 percent; and the Memphis MSA was 4.8 percent, down from 5.0 percent

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Paul Moye

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