Unemployment Rates Fall To 8%

Cannon County’s unemployment rate fell 1 whole percentage point from September to October.  According to unemployment rates released by the
State Wednesday, Cannon County has an unemployment rate of 8 percent.  Out
of an estimated 6,710 people in the Cannon County Workforce, 6,170 are
employed while 540 are unemployed.  In comparison to neighboring counties
Cannon and Wilson county had a one percent change in the figures.  Wilson
County has a 7.3 percent unemployment rate, while Rutherford reported a
7.6 percent rate.  Other neighboring Counties include Dekalb with a 8.7
rate, Coffee has a 9.1 percent rate, Bedford with a 9.8 percent and Warren
County has a 10.5 percent unemployment rate.  The state of Tennessee’s
unemployment rate is 9.6 percent while the national unemployment rate is 9
percent.  Lincoln County registered the state’s lowest county unemployment
rate at 5.8 percent while Scott County had the state’s highest
unemployment rate at 18.1 percent.