Monday, November 29, 2010

Putnam County Jobless Rate Goes Up Again

Putnam County's unemployment rate was up slightly in October, according to the latest figures from the Tennessee Department of Labor.  The jobless rate here was 8.4 percent, up a tenth of a point from the 8.3 percent rate the month before. But officials say while there was no great improvement from month to month, the long term picture from 2009 to 2010 looks better.  Unemployment was standing at 9.5 percent in October of 2009, so it has decreased more than a full percentage point since then.  Around the region, the jobless rate in Overton County was 9.3 percent; it was 10.4 percent in Jackson County, and 11.4 percent in White County.  Tennessee’s unemployment rate for October was 9.4 percent, unchanged from the September rate. The national unemployment rate for October 2010 was 9.6 percent, also unchanged from the September rate.