Loudon County Unemployment climbs 9.3% 

 

 

Rate Increase in 74 Counties & Decrease in 19

 

By: Pat Hunter

April 26, 2009

 

State unemployment rates increased in 75 counties while they decreased in 19 counties according to the latest state press release. March 2009’s national unemployment rate was 8.5 percent, up from the February rate of 8.1 percent while Tennessee’s unemployment rate for the same period was 9.6 percent, up 0.6 percentage point from the February rate of 9 percent. A year ago last March, the rate was 5.7 percent.

 

Loudon County’s unemployment rate continues to climb also, now at 9.3 percent, higher than the national average and slightly below the state average. Last March the unemployment rate was 5.1 percent, an increase of 4.2 percent over last year. The unemployment rate over March 2009 was 8.4 percent with a .9 percent increase on one month alone. To see Loudon County’s rates for last 24-month period, see below.

 

Knox County continues to be third (3rd) at 7.3 percent in the Top 10 Low Unemployment rates, statewide. Lincoln County was first in that category with 6.9 percent followed by Williamson County, second at 7.2 percent.

 

Roane was 10th lowest with 8.4 percent while neighboring Monroe was 4th highest rate and made the Top 10 highest unemployment list. It seems that much of their rate is tied to manufacturing jobs according to news reports.  

 

March 2009 Unemployment

Compare with other East Tennessee counties

 

Anderson – 9.4

Blount – 10

Jefferson – 12

Knox - 7.3

Loudon – 9.3

McMinn - 13.9

Meigs – 14.3

Monroe – 17.5

Roane - 8.4

Sevier – 13.4

Union – 10.5

 

 

Loudon County Unemployment Rates Stats below

SOURCE: Tennessee State database

Not Seasonally Adjusted Labor Force, Employment and Unemployment data in Loudon County for 2009

Labor Force data for Loudon County, Tennessee compared over time

 

 

Not Seasonally Adjusted Labor Force, Employment and Unemployment data in Loudon County, Tennessee

Time Period

Civilian Labor Force

Number Employment

Number Unemployment

Unemployment
Rate (%)

Feb. 2009

23,020

21,080

1,940

8.4

Jan. 2009

22,840

21,070

1,770

7.7

Feb. 2008

22,830

21,680

1,150

5.0

5 Year Annual Average
2004 - 2008

22,372

21,334

1,034

4.6

10 Year Annual Average
1999 - 2008

21,456

20,513

941

4.4

 

 

 

Labor Force data for Loudon County, Tennessee compared over 24 Months

 

 

 

 

 

Not Seasonally Adjusted Labor Force, Employment and Unemployment data in Loudon County, Tennessee between Feb. 2009 and Mar. 2007

Time Period

Civilian Labor Force

Number Employment

Number Unemployment

Unemployment
Rate (%)

Feb. 2009

23,020

21,080

1,940

8.4

Jan. 2009

22,840

21,070

1,770

7.7

Dec. 2008

23,090

21,490

1,600

6.9

Nov. 2008

23,070

21,690

1,380

6.0

Oct. 2008

23,260

22,000

1,260

5.4

Sept. 2008

23,210

21,920

1,290

5.6

Aug. 2008

23,240

21,880

1,360

5.9

Jul. 2008

23,710

22,250

1,460

6.2

Jun. 2008

23,610

22,230

1,380

5.8

May. 2008

23,140

21,960

1,180

5.1

Apr. 2008

23,010

21,970

1,040

4.5

Mar. 2008

22,900

21,720

1,170

5.1

Feb. 2008

22,830

21,680

1,150

5.0

Jan. 2008

22,930

21,800

1,130

4.9

Dec. 2007

23,110

22,050

1,050

4.6

Nov. 2007

23,140

22,150

990

4.3

Oct. 2007

23,150

22,210

940

4.1

Sept. 2007

23,050

22,130

920

4.0

Aug. 2007

22,940

22,060

880

3.9

Jul. 2007

23,240

22,350

890

3.8

Jun. 2007

23,100

22,210

890

3.8

May. 2007

22,740

21,940

800

3.5

Apr. 2007

22,630

21,790

840

3.7

Mar. 2007

22,660

21,740

920

4.0

 

Source: TN Dept of Labor & Workforce Dev, Div Emp Sec, R&S

 

 

 

 

 

March 2009 Statewide   

Lowest County Unemployment Rates

March  pre. Mar. pre.

Rank County Rate (%)

1 Lincoln Co. 6.9

2 Williamson Co. 7.2

3 Knox Co. 7.3 

4 Davidson Co. 7.9

5 Moore Co. 7.9

6 Hamilton Co. 8.0

7 Sullivan Co. 8.0

8 Washington Co. 8.1

9 Montgomery Co. 8.2

10 Roane Co. 8.4

 

Highest County Unemployment Rates

Rank County Rate (%)

95 Perry Co. 25.4

94 Scott Co. 18.8

93Lauderdale Co. 18.2

92 Monroe Co. 17.5

91 Marshall Co. 16.9

90 Pickett Co. 16.9

89 Lewis Co. 16.7

88 Jackson Co. 15.8

87 Henderson Co. 15.6

86 Maury Co. 15.6

 

 

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04-26-2009