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Governor Lee, Commissioner Rolfe Announce Barrette Outdoor Living to Expand Bulls Gap Operations

Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Barrett Outdoor Living officials announced Thursday, July 8, 20221, that the company will expand operations in Hawkins County. Barrette Outdoor Living is a leading manufacturer of fencing, railing and exterior products. The company will invest $33 million and create 162 new […]

Unemployment Steady as the Economy Continues Rebounding

Unemployment Steady as the Economy Continues Rebounding

Tennessee’s statewide unemployment rate held steady at 5% between April and May 2021, according to newly released data from the Department of Labor and Workforce Development (TDLWD). While Tennessee’s unemployment rate did not change in the month-to-month comparison, it was 4.6 percentage points lower than the May 2020 rate. At that time, many of the […]

Consumer Price Index Increases 0.4 percent in February

Consumer Price Index Increases 0.4 percent in February

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in February on a seasonally adjusted basis after rising 0.3 percent in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.7 percent before seasonal adjustment. The gasoline index continued to increase, rising […]

The Employment Situation in January

The Employment Situation in January

This morning’s jobs report reveals that the pace of job gains has slowed sharply in recent months as the pandemic continues to weigh on job creation, especially in face-to-face services. Strong relief is urgently and quickly needed to control the virus, get vaccine shots in arms, and finally launch a robust, equitable and racially inclusive […]

Unemployment rate falls to 6.3% in January; payroll employment changes little (+49,000)

Unemployment rate falls to 6.3% in January; payroll employment changes little (+49,000)

The unemployment rate fell by 0.4 percentage point to 6.3 percent in January, while nonfarm payroll employment changed little (+49,000), the U.S. Bureau of Labor Statistics reported today. The labor market continued to reflect the impact of the coronavirus (COVID-19) pandemic and efforts to contain it. In January, notable job gains in professional and business […]

Governor Lee, Commissioner Rolfe Announce Amazon to Create 800 New Jobs in Alcoa

Governor Lee, Commissioner Rolfe Announce Amazon to Create 800 New Jobs in Alcoa

Third Amazon fulfillment center announced in Tennessee in just over 12 months 634,000-square-foot fulfillment center will utilize Amazon Robotics Technology   NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Amazon officials announced today that Amazon will establish a new, state-of-the-art fulfillment center in Alcoa. The site, […]

Governor Lee, Commissioner Rolfe Announce Sese Industrial Services, U.S. Corp. to Locate New Facility in Chattanooga

Governor Lee, Commissioner Rolfe Announce Sese Industrial Services, U.S. Corp. to Locate New Facility in Chattanooga

Company will assemble Axle Components for Volkswagen Project includes investment of more than $42 million to build new facility   NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Sese Industrial Services, U.S. Corp. officials announced today that the Axle Manufacturing company will locate new operations in […]

Payroll employment declines by 140,000 in December – unemployment rate unchanged at 6.7%

Payroll employment declines by 140,000 in December – unemployment rate unchanged at 6.7%

Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) cases and efforts to contain the pandemic. In December, job losses in leisure and hospitality and in […]

Jefferson County Budget Committee Holds First Meeting Of 2021

Jefferson County Budget Committee Holds First Meeting Of 2021

The Jefferson County Budget Committee held their first meeting of the calender year 2021 on Monday, January 11, 2021 in the Historic Jefferson County Courthouse. Budget Committee Chairman Scarlett called the meeting to order. Absent from roll call were committee members Seals, Blevins and Coleman. Following a successful motion to approve the October and December […]

GOVERNOR LEE, COMMISSIONER ROLFE ANNOUNCE REVANCE THERAPEUTICS TO RELOCATE GLOBAL HEADQUARTERS TO NASHVILLE

GOVERNOR LEE, COMMISSIONER ROLFE ANNOUNCE REVANCE THERAPEUTICS TO RELOCATE GLOBAL HEADQUARTERS TO NASHVILLE

Silicon Valley biotechnology innovator in aesthetics, therapeutics and financial technology Company will invest more than $10 million in Nashville operations Project will create nearly 150 jobs over five years   NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Revance Therapeutics (NASDAQ: RVNC) officials announced today that […]

Payroll Employment Rises by 245,000 in November; Unemployment Rate Edges Down to 6.7%

Payroll Employment Rises by 245,000 in November; Unemployment Rate Edges Down to 6.7%

Business Filing Patterns Show Signs of a Solid Economic Recovery – Key Indicators Soared in Q3 2020

Business Filing Patterns Show Signs of a Solid Economic Recovery – Key Indicators Soared in Q3 2020

Unemployment Rate Declines to 6.9 percent

Unemployment Rate Declines to 6.9 percent

TNECD RELEASES ANNUAL LABOR AND EDUCATION ALIGNMENT PROGRAM REPORT

TNECD RELEASES ANNUAL LABOR AND EDUCATION ALIGNMENT PROGRAM REPORT

A new report released by the Tennessee Department of Economic and Community Development highlights jobs in high demand across Tennessee, including occupations in finance and technology, headquarters, automotive, distribution and logistics, and other target industry clusters. The Labor and Education Alignment Program (LEAP) report calls attention to occupations that are strategically important to the growth […]

August Employment Rate Rises 1.4 Million

August Employment Rate Rises 1.4 Million

Consumer Price Index for All Urban Consumers (CPI-U) Increased 0.6 Percent in June

Consumer Price Index for All Urban Consumers (CPI-U) Increased 0.6 Percent in June

CONSUMER PRICE INDEX – JUNE 2020The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in June on a seasonally adjusted basis after falling 0.1 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 0.6 percent before seasonal adjustment. The gasoline […]

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