McMinn County Unemployment Rates

Unemployment rates help employers make informed decision about where to locate new facilities and resources. It is also a part of the mission of the McMinn County Economic Development Agency to reduce the unemployment levels in McMinn County by helping create and retain quality jobs for the citizens of McMinn County, Tennessee.

McMinn County has a moderate unemployment rate which is slightly higher than the State’s unemployment rate and a little more than one percent higher than the national average unemployment rate.

What the Unemployment Rates Means for McMinn Employers

What these rates should mean to employers in McMinn County or those considering an investment in our area is that there is still an available work force actively seeking employment.

At the same time, McMinn maintains a positive level of prosperity that supports retaining of high-demand skilled workers.

For those seeking the flexibility to draw from an even larger pool of talented workers, McMinn County is well situated to attract workers from surrounding counties of Bradley, Loudon, Meigs, Monroe, Polk, Rhea, and Roane counties, as well as Knoxville and Chattanooga residents.

Current McMinn County Unemployment Rates

The Tennessee Department of Labor and Workforce Development keeps unemployment records based on the following criteria:

  1. The total labor force is calculated based on the number of currently employed individuals, plus individuals that are over the age of 16, are jobless, were actively looking for a job within the past four weeks, and are available for work.
  2. The number of unemployed individuals, as defined above is divided by the total number of available work force. This gives the labor department a calculation for determining the unemployment rate in various counties within Tennessee.

McMinn County Laborshed Map

Current Unemployment (source: Tennessee Dept. of Labor & Workforce Development) 

Area

% Unemployed

# Unemployed

August 2019

McMinn County

3.8

903

Workforce Region (LWIA 5)

3.7

11,484

State

3.5

117,137

United States

3.7

6,044,000

Source:  Tennessee Department of Labor & Workforce Development

 

 

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