TN Unemployment Increases to 6.7% Again in January

Press release from the Tennessee Department of Labor & Workforce Development; March 5, 2015:

NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for January was 6.7 percent, one-tenth of one percentage point higher than the December revised rate of 6.6 percent. The U.S. preliminary rate for January was 5.7 percent, also gaining one-tenth of one percentage point from the prior month.

Economic Summary

  • Over the past year, Tennessee’s unemployment rate was unchanged at 6.7 percent, while the national rate declined from 6.6 percent to 5.7 percent.
  • Total nonfarm employment increased 8.300 jobs from December, 2014 to January, 2015. The largest increases occurred in trade/transportation/utilities, professional/scientific/technical services, and manufacturing.
  • Over the year, nonfarm employment increased 71,700 jobs. The largest increases occurred in trade/transportation/utilities, professional/business services and manufacturing.