Clarksville, TN Online: News, Opinion, Arts & Entertainment.


Tennessee Unemployment Rate for May was 8.3 Percent

 

Tennessee Experiences Spike in Number of Unemployed as New Entrants, Reentrants, and Dislocated Workers Return to the Job Market

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee Labor and Workforce Development Commissioner Burns Phillips announced the Tennessee’s unemployment rate for May was 8.3 percent, which increased three tenths of one percentage point from the April revised rate of 8.0 percent.

The national unemployment rate for May 2013 was 7.6 percent, increasing by one tenth of one percentage point from the previous month.

Tennessee Unemployment for May 2013

Tennessee Unemployment for May 2013

Economic Summary:

Tennessee’s labor force hit a record high in May, mostly from new entrants, reentrants, and dislocated workers returning to the labor force as unemployed persons.

Total nonfarm employment increased 5,700 from April to May. The largest increases occurred in accommodation/food services, administrative/support/waste services, and retail trade.

Over the year, nonfarm employment increased 52,500. The largest increases were in professional/business services, accommodation/food services, and health care/social assistance.


Sections

News

Topics

, , , , ,

Comments

You must be logged in to post a comment.


Personal Controls

Archives