The Marion Tribune

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Marion Unemployment Rate Jumps To 5.1%

Posted on Wednesday, September 6, 2023 at 2:47 pm

The seasonal impacts on employment, such as school breaks, continued to have an impact on Tennessee’s county unemployment numbers in June, according to newly released information from the Department of Labor and Workforce Development (TDLWD).
County unemployment rates are not seasonally adjusted to take into account the effects of seasonal layoffs, while the statewide unemployment rate is seasonally adjusted.
The June 2023 data showed unemployment rates increased in each of Tennessee’s 95 counties during the month. Seventy-seven counties had an unemployment rate of less than 5% in June, while the remaining 18 counties had rates of 5% or greater but less than 10 percent.
At 2.8 percent, Williamson County reported the lowest unemployment rate in June. Its new statistic was 0.3 of a percentage point higher than the previous month’s rate. The rates for both Cheatham and Sevier counties were 2.9 percent for the month. The rates in both counties increased by 0.3 of a percentage point between May and June.

Marion County’s unemployment rate increased. At 5.1%, the county’s June rate jumped 1.1 percentage points when compared to its May rate of 4%.

Bledsoe County had Tennessee’s highest unemployment rate for the month. At 6.5 percent, the county’s June rate jumped 1.2 percentage points when compared to its May rate. Scott and Van Buren counties shared the next highest rate of 5.9 percent. That represented a 0.6 of a percentage point increase for Scott County and an increase of 1.8 percentage points for Van Buren County.

Statewide, the seasonally adjusted unemployment rate matched the state’s all-time low statistic of 3.2 percent, which represented a 0.1 of a percentage point decrease from the previous month.

The state of Tennessee will release the July 2023 statewide unemployment rate at 1:30 p.m. CDT on Thursday, August 17, 2023.