We decided to take a glance back at some past Nashville unemployment rates and see what story they may tell.
When we write about the Nashville unemployment rates and see how they rise and fall, we sometimes forget about the ‘seasonal employment’ that may affect the compilation of the unemployment figures.
Nashville’s employment rates are usually better around Christmas holidays just because of the extra seasonal hiring that is done by retail stores, when we are not in a recession.
We also think the summer months may usually be better for employment in some cases, because of the agriculture community surrounding us and the extra helpers it may take to ‘bring in the crop’.
When we searched for Davidson County and Metropolitan Nashville unemployment rates, we came up with some of the below information.
For December 2005 – County Unemployment Rates reported Jan 26, 2006 … Davidson County was 4.2 percent, down from 4.9 in November.
Then three years later, about a year after the start of the current recession, there was not a huge change, but Nashville unemployment rates were up.
For December 2008 County Unemployment Rates reported Jan 29, 2009 … … Davidson County was 6.0 percent, up 0.6 from the previous month.
The difference between the rates in May 2009 and then one year later did not change by much, with only a .3 percent difference from one year to the next.
For May 2009 – County Unemployment Rates reported on Jun 25, 2009 … Davidson County was 8.6 percent, up 0.6.
May 2010 County Unemployment Rates reported Jun 24, 2010 … Davidson County was 8.9 percent, unchanged from the April rate.
The months listed below which show just a spot-check of the unemployment rates in 2011 reveal there continued to be a fairly steady high rate until it began to drop somewhat in November, then just a little more in December.
It does make us wonder if recovery is at hand, or is the drop in the Nashville and Davidson County unemployment rate perhaps due to the ‘seasonal’ job hiring which usually starts around Thanksgiving and continues on to Christmas?
We will have to wait until the figures for Nashville unemployment rates are announced later in February by the Tennessee Department of Labor and Workforce Development website to see if the downward trend will continue.
For the sake of all of our Nashville friends and neighbors who have been on the unemployment benefit rolls for some time, we certainly hope the downward trend of the Nashville and Metropolitan Davidson County unemployment rate continues.
April 2011 County Unemployment Rates reported May 26, 2011 … Davidson County was 8.8 percent, up from 8.3 percent in March
June 2011 County Unemployment Rates reported Jul 28, 2011 … Davidson County was 9.1 percent, up from 8.5 percent in May,
August 2011 County Unemployment Rates reported Sep 22, 2011 … Davidson County was 8.8 percent, up from 8.5 percent in July,
November 2011 County Unemployment Rates reported Dec 22, 2011 … Davidson County was 7.3 percent, down from 7.8 percent
December 2011 County Unemployment Rates
Jan 26, 2012 … Davidson County was 6.9 percent, down from 7.3 percent
We will bring you more news on the Nashville unemployment scene as we see it.
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sources: TN Dept of Labor & Workforce Development website