County unemployment rates for April 2015, released last week, show the rates decreased in 94 counties and increased in one county. Cannon County’s unemployment figures for April decreased 1.2 percent from March’s figure of 6.4 percent to April’s figure of 5.2 percent. Out of an estimated workforce of 5960 people 5680 were employed while 310 were unemployed. All surrounding counties also showed a decrease. Dekalb at 6.5 percent, Coffee at 4.9 percent, Rutherford at 4.2 percent, Warren at 5.4 percent and Wilson at 4.3 percent. Cannon County’s unemployment rate at this time last year is at 5.5 percent.
Tennessee’s preliminary unemployment rate for April was 6.0 percent, three-tenths of one percentage point lower than the March revised rate of 6.3 percent. The U.S. preliminary rate for April was 5.4 percent, one-tenth of one percentage point lower than the prior month.
The state and national unemployment rates are seasonally adjusted while the county unemployment rates are not. Seasonal adjustment is a statistical technique that eliminates the influences of weather, holidays, the opening and closing of schools, and other recurring seasonal events from economic time series.
