County unemployment rates for May 2015, released last week, show the rates increased in 92 counties, decreased in one county and remained the same in two. Cannon County was one of those counties in which the unemployment rate increased. Out of an estimated workforce of 6080 people 5730 people were employed during the month of May while 350 people unemployed. This gave Cannon County a 5.7 percent unemployment rate which was up five tenths of a percentage point from the 5.2 mark in April. Other neighboring counties also showed a slight increase. Coffee County is at 5.4 percent, Dekalb reported a 7.1 percent rate. Rutherford had the smallest increase of the neighboring counties with a 4.6 percent rate up four tenths of a percent from May. Warren is at 5.9 percent and Wilson is at 4.7 percent. Last year at this time Cannon reported a 6 percent unemployment rate
Tennessee’s preliminary unemployment rate for May was 5.8 percent, two-tenths of one percentage point lower than the April revised rate of 6.0 percent. The U.S. preliminary rate for May was 5.5 percent, one-tenth of one percentage point higher than the prior month.