Tennessee State Parks Have $1.9 Billion Impact on State Economy
Tennessee State Parks have an economic impact of $1.9 billion dollars in the state and support employment of 13,587 people, according to an analysis by a leading economic consulting firm. Based on figures from fiscal year 2024, the report by Impact DataSource says the parks created $550 million in annual household income for Tennessee families. […]
Payroll employment rises by 143,000 in January; unemployment rate edges down to 4.0%
Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. Employment declined in the mining, quarrying, and oil and gas extraction industry. This news release presents statistics from […]
Tennessee Ends 2024 With Unemployment Rate Below U.S. Rate
NASHVILLE – In a year that saw three consecutive months of record-low unemployment, Tennessee ended 2024 with an unemployment rate well below the U.S. rate, according to data from the Tennessee Department of Labor and Workforce Development (TDLWD). The state’s seasonally adjusted unemployment rate was 3.6% in December, up one-tenth of a percentage point over the […]
Unemployment Rates Below 5% in Vast Majority of TN Counties
NASHVILLE – Today, the Tennessee Department of Labor and Workforce Development (TDLWD) announced that 91 of Tennessee’s 95 counties reported unemployment rates of less than 5% for November, with unemployment rates decreasing in 17 counties. Moore and Williamson counties recorded the state’s lowest unemployment rates for November at 2.6%. Those counties also reported rates of 2.6% […]
Unemployment Rates are Below 5% in All but 3 Counties
NASHVILLE – Unemployment rates declined in nearly half of Tennessee’s counties in August and remained the same in 20 counties, according to new data from the Tennessee Department of Labor and Workforce Development (TDLWD). Forty-seven of the state’s 95 counties saw a drop in their unemployment rates from July to August. Rates increased in 28 counties […]
Tennessee Unemployment Numbers Trend Down in March
NASHVILLE – Tennessee’s statewide unemployment rate dropped for the second consecutive month in March, according to new data from the Department of Labor and Workforce Development. The seasonally adjusted rate for the month came in at 3.2%, 0.1 of a percentage point lower than February’s rate of 3.3%. Tennessee’s all-time low unemployment rate is 3.1%, which […]
Payroll employment rises by 353,000 in January; unemployment rate remains at 3.7%
Total nonfarm payroll employment rose by 353,000 in January, and the unemployment rate remained at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, retail trade, and social assistance. Employment declined in the mining, quarrying, and oil and gas extraction industry. This news release […]
Payroll employment increases by 216,000 in December; unemployment rate unchanged at 3.7%
Household Survey Data The unemployment rate held at 3.7 percent in December, and the number of unemployed persons was essentially unchanged at 6.3 million. These measures are higher than a year earlier, when the jobless rate was 3.5 percent and the number of unemployed persons was 5.7 million. (See table A-1.) Among the major worker […]
Unemployment Rates Drop in All But One Tennessee County
NASHVILLE – The Department of Labor and Workforce Development (TDLWD) released new data that showed unemployment rates improved in nearly every county across Tennessee in March 2023. Ninety-four of Tennessee’s 95 counties experienced a decrease in unemployment during March. Only one county saw an uptick in its jobless number and that was Meigs County, where the […]
Unemployment Decreases in a Majority of Tennessee Counties
NASHVILLE – November’s unemployment numbers improved in a majority of Tennessee’s 95 counties, according to newly released data from the Department of Labor and Workforce Development (TDLWD). Sixty-two counties experienced a drop in jobless rates during November when compared to the previous month. The rates remained the same in 25 counties and increased slightly in the […]
Love’s Travel Stops opens new locations in Newport Tennessee and New York
Love’s Travel Stops is now serving customers in Newport, Tennessee, and Ripley, New York, thanks to two travel stops that opened Thursday. The Newport store, located off Interstate 40 (1129 Smokey Mountain Lane), adds 60 jobs and 70 truck parking spaces to Cocke County. The Ripley store, located off Interstate 90 (6201 Shortman Road), adds […]
Payroll employment rises by 678,000 in February; unemployment rate edges down to 3.8%
Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, professional and business services, health care, and construction. This news release presents statistics from two monthly surveys. The […]
Payroll employment rises by 467,000 in January; unemployment rate changes little at 4.0%
Total nonfarm payroll employment rose by 467,000 in January, and the unemployment rate was little changed at 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment growth continued in leisure and hospitality, in professional and business services, in retail trade, and in transportation and warehousing. This news release presents statistics from two monthly […]
Unemployment Reaches Its Lowest Level Since January 2020
Unemployment in the state of Tennessee reached a two-year low in December, according to new data released by the Department of Labor and Workforce Development. The state ended 2021 with an unemployment rate of 3.8%, which was 0.2 of a percentage point lower than the rate it recorded in November. Over the past year, Tennessee’s […]
Payroll Employment Rises by 199,000 in December; Unemployment Rate Declines to 3.9%
THE EMPLOYMENT SITUATION — DECEMBER 2021 Total nonfarm payroll employment rose by 199,000 in December, and the unemployment rate declined to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing. This […]
