Unemployment up 1 percent in 1 month

Friday, March 12, 2010

Bedford County's unemployment rate jumped a full percentage point in January to 13.6 percent, according to preliminary figures released Thursday.

According to numbers from the Tennessee Department of Labor and Workforce Development, the jobless rate increased in all 95 counties.

The county was reported to have a labor force of 21,860, with 18,880 employed and 2,980 out of work.

Tennessee's unemployment rate for January was 10.7 percent, unchanged from the revised December rate of 10.7 percent. At this time last year, the jobless rate was 9.1 percent.

The national unemployment rate for January 2010 was 9.7 percent, down from the December rate of 10 percent.

"The state unemployment rate is holding steady for the month of January," reported Labor Commissioner James Neeley. "While the unemployment rate continues to be high in Tennessee, we did see a slight increase in employment (+3,400), and two of the three largest gains in employment were in the manufacturing industry."

Lincoln County registered the state's lowest county unemployment rate at 8.3 percent, up from 7.3 in December.

Marshall County had the state's highest unemployment rate at 20.3 percent, up from 18.7 in December, followed by Henderson County at 19.9 percent, up from 18.5 percent in December.

Knox County had the state's lowest major metropolitan rate of 8.6 percent, up from 8.1 in December. Davidson County was 9.6 percent, up from 9.2 in December.

Hamilton County was at 10.0 percent, up from 9.2 in December, and Shelby County was 11.4 percent, up from 10.6 in December.

According to the Business Survey, 200 job gains occurred in plastic and rubber products manufacturing; 200 in fabricated metal products manufacturing; and 200 in federal government.

Major employment decreases occurred in trade, transportation and utilities, down by 18,100; leisure and hospitality declined by 11,100 jobs; and professional and business services decreased by 9,900.

Year-over-year increases occurred in health care and social assistance, up by 6,800; state government gained 1,100; manufacturing was down 31,800; trade transportation and utilities lost 28,800; and mining and construction decreased by 16,100.