Saturday, May 26, 2018

Lots of new jobs in Tennessee
Tennessee employers added 45,000 jobs across the state in the past year, lowering the state's seasonally-adjusted jobless rate from 4 percent a year ago to 3.4 percent last month. The Tennessee Department of Labor and Workforce Development said Thursday that unemployment in the Volunteer State during April was a half percentage point below the U.S. rate of 3.9 percent last month and was the lowest monthly rate for unemployment in Tennesse in modern history. "With the economy being so far into the recovery as it is, it's getting increasingly difficult to have really high growth rates," said Bill Fox, director of the Center for Business and Economic Research at the University of Tennessee in Knoxville. "But we continue to see solid growth in our state, and labor force participation rates continue to improve as more workers come back into the labor market and employers continue to add to their staffs." Fox said he expects the economy to remain strong for at least the rest of this year in Tennessee. A household survey by the U.S. Bureua of Labor Statistics showed the number of Tennesseans on the job rose more than 50 percent faster than the U.S. growth pace. April marked a year since Tennessee's unemployment rate dropped to 4 percent for the first time in recent history. The state recorded an all-time low unemployment rate of 3.3 percent in September of last year.


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Thursday, April 29, 2021

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  • Mill Creek Wildfire Update
  • More Bad News For Smokies' Fans

    Wednesday, April 28, 2021

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