Economy Shows Bright Signs for 2020 Growth

Jimplecute News Editor

JEFFERSON – Boosted by the addition of three employers in 2019, the Marion County economy continued to follow the state and national growth pattern. While the addition of Queen Horse Bedding, Pore Technologies and CEFCO boosted employment, their impact on key economic indicators will not be felt until this year, however.

Marion County unemployment at the end of 2019 stood at 4.5 percent, up slightly from the previous month (4.2 percent) and 2018 (4.1 percent). The number of employed Marion County residents and the number of available workers increased.

In November, Marion County had 4,017 on the job compared to 4,176 last year. The sales tax report remains clouded by a state accounting correction that sent more than $350,000 to Jefferson in 2018.

The December 2019 sales tax rebate for Jefferson was $65,388.37, down 1.39 percent from last year. Total for the year was $871,367.70, which was down 31 percent from 2018 without considering the adjustment. The net result reflects an increase… (a subscription to the Jimplecute is required to continue reading this article).

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