Unemployment Rates Fall Below 5% For First Time In All 95 TN Counties

Rates Drop in Each County amid Historic Statewide Unemployment Rate

NASHVILLE – Tennessee Gov. Bill Haslam and Department of Labor and Workforce Development Commissioner Burns Phillips announced last week that in September 2017, for the first time ever, the unemployment rate was below 5 percent in every county across the state. This is the second consecutive month rates have declined in each of Tennessee’s 95 counties.   

September also marked the fourth consecutive month Tennessee experienced a historic low statewide unemployment rate. At 3 percent, Tennessee has the lowest unemployment in the southeast and the eighth lowest rate in the nation.

“With every county seeing unemployment rates below five percent and with a record statewide unemployment rate, Tennessee’s fiscal strength is clear and the investment in our workforce is paying off,” Haslam said. “Employers know that Tennessee is a place where they can find skilled workers, so they continue to expand and relocate here.”

Williamson County reported Tennessee’s lowest unemployment rate in September at 2.1 percent, down from 2.7 percent in August. Davidson County recorded the second lowest rate at 2.2 percent, falling from 2.7 percent the previous month. Rutherford, Cheatham, Wilson and Sumner Counties all have a September rate of 2.3 percent, down more than 0.5 percent from August.

“Many of the most notable decreases in September took place in counties with the highest unemployment rates, pointing out the economic growth and opportunity in some of Tennessee’s most distressed counties,” Phillips said.

Read the rest of the story in this weeks Fentress Courier.