Targeted Employment Area: Hancock County, Tennessee

Created on 10/21/2017 7:46:34 PM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Hancock County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Hancock County Tennessee and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Hancock County, Tennessee to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Hancock County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Hancock County may not be granted a designation letter -- or depending on project type, target areas, and Tennessee requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Hancock County Tennessee Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 47067 5,398 2,548 2,240 308 12.1% Yes
BLS 47067 n/a 2,059 1,895 164 8% No

Supporting EB-5 Regional Centers

Sorry, we do not have any record of an EB-5 Regional Centers supporting this area; however, please contact us and we'll get you the assistance you need.

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