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Press Releases

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.
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Press Releases

TN Unemployment Rate Up, Federal Rate Down

Press release from the Tennessee Department of Labor and Workforce Development; July 17, 2014:

NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for June was 6.6%, two tenths of one percentage point higher than the 6.4 May revised rate. The U.S. preliminary rate for June was 6.1%, down from 6.3% in May.

Economic Summary: 

  • Over the past year, Tennessee’s unemployment rate decreased from 8.4% to 6.6% while the national rate decreased from 7.5% to 6.1%.
  • Total nonfarm employment decreased 2,600 jobs from May to June. The largest decreases occurred in mining/logging/construction, government, and other services.

Over the year, nonfarm employment increased 53,600 jobs. The largest increases occurred in professional/business services, leisure/hospitality, and trade/transportation/utilities.

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TNDP Blames GOP for State Unemployment Uptick

Press release from the Tennessee Democratic Party; August 16, 2012: 

NASHVILLE – Tennesseans saw the third straight month of higher unemployment numbers when the Tennessee Department of Labor and Workforce Development issued figures showing that Tennessee’s unemployment rating rose .3% to 8.4%, eclipsing the national average of 8.3%.

“Democratic lawmakers rang the alarm bells about the need for a pro-jobs agenda to put Tennesseans back to work, but the Republican party was too focused on settling political scores and stacking the deck against Tennessee’s working class to stop and listen,” said Brandon Puttbrese, Communications Director. “If the GOP would have worked as hard to protect the middle class as they worked to reward the special interests, we’d be seeing unemployment numbers going in the right direction today.”

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Press Releases

March Unemployment Rate Dips Below 8 Percent

Press release from the Tennessee Department of Labor and Workforce Development; April 19, 2012: 

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development Karla Davis announced today Tennessee’s unemployment rate for March fell to 7.9 percent, down from the February revised rate of 8.0 percent. The national unemployment rate for March 2012 was 8.2 percent, 0.1% percentage point lower than the February rate.

“Tennessee’s unemployment is the lowest since November 2008,” Commissioner Davis said. “The decline is attributed to losses in both employment and unemployment, but the number of unemployed declined at a faster rate, resulting in the net decrease in the state rate.”

Seasonally Adjusted Labor Force Estimates – Household Survey

                                Revised   Preliminary Change from March Change from Feb
                      Mar 2011  Feb 2012  March 2012  2011 - March 2012 2012 - March 2012
 Civilian Labor Force 3,134,300|3,123,400|3,109,400 |(24,900) -0.8%    | (14,000)-0.4%
 Employment           2,838,800|2,872,600|2,865,000 | 26,200   0.9%    |  (7,600)-0.3%
 Unemployment           295,500|  250,800|  244,500 | (51,000)-17.3%   |  (6,300)-2.5%
 Unemployment Rate       9.4%  |    8.0% |    7.9%  |  -1.5 % pt.s     |    -0.1 % pt.

Tennessee’s state unemployment rate is derived from the following three sources of information: the Business Survey, the Household Survey, and unemployment claim information. Tennessee’s Household Survey is conducted by the Census Bureau and also contributes toward the national unemployment rate.

Seasonally Adjusted Nonfarm Employment – Business Survey  

                                  Revised   Preliminary Change from March Change from Feb
(Numbers in thousands)   Mar 2011 Feb 2012  March 2012   2011-March 2012  2012-March 2012
Total Nonfarm             2,647.3  2,693.0   2,691.3          44.0             -1.7
Mining/logging/const.       106.8    115.2     114.9           8.1             -0.3
Manufacturing               303.2    307.9     309.3           6.1              1.4
Trade/trans./utilities      559.6    558.1     557.1          -2.5             -1.0
Information                  44.2     44.7      44.2           0.0             -0.5
Financial activities        135.3    135.7     135.7           0.4              0.0
Professional/bus. services  317.8    332.5     328.5          10.7             -4.0
Education/health services   382.2    389.2     388.4           6.2             -0.8
Leisure/hospitality         265.3    267.7     270.0           4.7              2.3
Other services              101.6    101.6     101.8           0.2              0.2
Government                  431.3    440.4     441.4          10.1              1.0