County unemployment rates for July 2016, released last week, show the rates decreased in 73 counties, increased in 11, and remained the same in 11 counties. Cannon County’s unemployment rate for July dropped one-tenth of a percentage point from the June rate. Out of an estimated work force of 6210 people 5910 were employed during the month of July while roughly 300 Cannon Countians were not employed. That figure gave Cannon County a 4.9 percent unemployment rate. All surrounding counties also showed at least a one-tenth of a percentage point drop in their unemployment rates as well. Coffee is now at 4.8 percent while Dekalb showed the highest at 5.9 percent. Rutherford had the lowest at 3.9 percent. Wilson was at 4 percent while Warren County had a 5.1 percent mark in June. Cannon’s unemployment rate for the month of July last year at this time was 6.2 percent.
Tennessee’s preliminary unemployment rate for July was 4.3 percent, increasing two tenths of a percentage point from the previous month’s revised rate. The U.S. preliminary rate for July was 4.9 percent, remaining unchanged from the previous month.
