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June Unemployment Rate 10.1 Percent for Tennessee

July 16th, 2010 No comments

Seasonally Adjusted Rate Down 0.3 Percentage Point from May

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for June was 10.1 percent, down three-tenths of a percentage point from the May rate of 10.4 percent. The June 2009 rate was 10.9 percent. The national unemployment rate for June 2010 was 9.5 percent, down 0.2 percentage point from the May rate of 9.7 percent.

“The unemployment rate in Tennessee fell to 10.1 percent in June as a result of moderate growth in employment,” reported Labor Commissioner James Neeley. “Modest gains in areas like construction and leisure/hospitality were offset by job losses in education and census workers.”

Major Changes in Estimated Nonagricultural Employment
May 2010 to June 2010

According to the Business Survey, leisure/hospitality increased by 5,000; mining/construction added 2,500 jobs, and healthcare/social assistance increased by 2,300. Major employment decreases occurred in government (primarily educational services), down by 34,700; administrative/support/waste services declined by 6,100; and private educational services declined by 3,000 jobs.

Major Changes in Estimated Nonagricultural Employment
June 2009 to June 2010

Year-over-year increases occurred in administrative/support/waste services, up by 10,000; federal government gained 6,700; and retail trade was up by 5,100. Year-over-year decreases occurred in transportation/warehousing, down by 6,200; mining/construction lost 5,100; and accommodation/food services decreased by 5,000.

January, 2010 Unemployment Rate 10.7 Percent for Tennessee

March 4th, 2010 No comments

Seasonally Adjusted Rate Unchanged from December 2009

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for January was 10.7 percent, unchanged from the revised December rate of 10.7 percent. The January rate a year ago was 9.1 percent. The national unemployment rate for January 2010 was 9.7 percent, down from the December rate of 10 percent.

“The state unemployment rate is holding steady for the month of January,” reported Labor Commissioner James Neeley. “While the unemployment rate continues to be high in Tennessee, we did see a slight increase in employment (+3,400), and two of the three largest gains in employment were in the manufacturing industry.”

Major Changes in Estimated Nonagricultural Employment
December 2009 to January 2010

According to the Business Survey, 200 job gains occurred in plastic and rubber products manufacturing; 200 in fabricated metal products manufacturing; and 200 in federal government. Major employment decreases occurred in trade, transportation and utilities, down by 18,100; leisure and hospitality declined by 11,100 jobs; and professional and business services decreased by 9,900.


Major Changes in Estimated Nonagricultural Employment

January 2009 to January 2010

Year-over-year increases occurred in health care and social assistance, up by 6,800; state government gained 1,100; manufacturing was down 31,800; trade transportation and utilities lost 28,800; and mining and construction decreased by 16,100.

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