County unemployment rates for January 2015, released Thursday, show the rate increased in 95 counties. Cannon County’s unemployment rate increased during the month of January from 5.7% to 7%. Out of an estimated work force of 5,850 people 5450 people were employed while roughly 410 Cannon County residents were unemployed. All surrounding counties also showed an increase in unemployment. Coffee County was 6.7%, Dekalb had the highest of the surrounding counties at 8 percent. Rutherford had the lowest of 5.5% with Warren reporting 7.3% and Wilson at 7 percent Tennessee’s preliminary unemployment rate for January was 6.7 percent, one-tenth of one percentage point higher than the December revised rate of 6.6 percent. The U.S. preliminary rate for January was 5.7 percent, also rising one-tenth of one percentage point from 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.
