Jobless rate hits all-time low

Scott County hits record low unemployment rate for September, while the state of Tennessee also marked a historic month with all 95 counties reporting jobless rates less than five percent, and the state average coming in at three percent.

According to the Tennessee  Bureau of Labor and Statistics, Scott County’s jobless rate dropped to 3.8 percent for the month of September. The rate down a full point from one month ago, and 3.9 points from a year ago. The September rate even fell well below the national average of 4.2 percent, but is nearly a point above the State average of three percent. The labor force statistics estimated Scott County to have 8,080 people with 7,770 employed and 310 without work.

A record low for the county appeared earlier this year in May at 4.2 percent, but jumped a full point in the two months following. According to Tennessee Bureau of Labor and statistics for June of 2017, Scott County had 7,930 people with 7,470 employed, leaving 460 persons without work for an unemployment rate of 5.8 for June and slightly lower at 5.7 percent in July Thought to be from new graduates entering the workforce.

While Scott County hit a historic low, the State of TN reported its unemployment rate less than five percent for all 95 counties. Rhea county led the state with the highest rate of 4.9 percent, however decreasing from August’s rate of six percent. Williamson County in middle TN posted the states lowest rate of 2.1 percent for the month. Campbell County matched Scott counties rate of 3.8 percent while other surrounding counties fell even lower. Anderson fell to 3.8 percent and Knoxville even lower at 2.5 percent.

According to National statistics, 11 states had unemployment rate decreases, the largest of which was in Alabama -0.4 percentage point, closely followed by Arizona, Kentucky, Massachusetts, and Tennessee at -0.3 point. Four states had notable rate increases, the largest of which were in Michigan +0.4 percentage point and Indiana +0.3 point. The remaining 35 states and the District of Columbia had jobless rates that were not notably different from those of a month earlier, though some had changes that were at least as large numerically as the significant changes