According to the latest available figures*, 5 of the top 10 highest unemployment counties in the state are in West Tennessee.
While Hancock County leads the state with a 12.9% unemployment rate, the West Tennessee counties of Obion, Lauderdale, Haywood, McNairy, and Carroll have a higher rate than 86 other counties in the state. Obion has the fourth highest unemployment rate at 9.6%, while Lauderdale (9.5%), Haywood (9.4%), McNairy (9.2%), and Carroll (9.1%) snagged positions 6 through 9.
As the state claims a 5.7% unemployment rate, it is obvious that several counties in West Tennessee are struggling with a much slower economic recovery...if it can be called a recovery at all. It should also be noted that the unemployment figures do not include those who either are no longer qualified for unemployment, have opted to take a part time or lower wage paying job, or have flatly given up on trying to find work. When considering those factors, the outlook is rather bleak.
It's no wonder it seems as if you are continuing to fall behind on bills, struggling to keep your head above water and desperate to find answers. At the law office of T. Verner Smith, we can help you with debt issues, including bankruptcy consideration. Contact us for a free consultation: Memphis office: (901) 730-4567 ~ Jackson office: (731) 423-1888 - Brentwood office: (615) 371-6136
* July 2015