Although many Tennessee counties saw a dip in unemployment rates in November, Lake County’s unemployment rate stayed the same as it was in October.
Lake County was one of the 91 counties in the state with an unemployment rate of less than 5 percent, at 4.6 percent. This is the same rate as it was in October of this year, and just 0.1 percent higher than November 2018’s unemployment rate.
There were 24 other counties in the state that maintained the same unemployment rate from October, 38 counties saw a decrease in unemployment, and unemployment increased in 33 counties.
“It’s very encouraging to have so many counties with unemployment rates below 5 percent during November,” said Tennessee Department of Labor and Workforce Development Commissioner Jeff McCord. “As we moved closer to the busy holiday season, more Tennesseans were taking home paychecks, which is the ultimate goal.”
The United States’ unemployment rate for November also saw a slight dip from October of this year, dropping from 3.6 percent to 3.5 percent.