County unemployment rates for October 2016, released last week, show the rates decreased in 80 counties, increased in seven, and remained the same in eight counties.
Cannon County’s unemployment rate for the month of October is 4.7 percent. Out of an estimate work force of 6,180 people, 5,890 people were employed in October while an estimated 290 people were unemployed. Cannon’s showed a 5.4 percent unemployment rate in September.
Surrounding Counties also had a decrease in unemployment for the month of October. Coffee County slipped one tenth of percentage to 5 percent. Dekalb is at 5.8 percent. Rutherford County shows a two percentage decrease to 3,8 percent. Wilson dropped to a 3.9 percent while Warren also dropped to keep pace at 4.1 percent|
Tennessee’s preliminary unemployment rate for October was 4.8 percent, increasing two-tenths of a percentage point from the previous month’s revised rate. The U.S. preliminary rate for October was 4.9 percent, decreasing one-tenth of a percentage point from the previous month.
