Tenn. Sept. unemployment rate drops to 7.3%


Tennessee’s preliminary unemployment rate for September is 7.3%, down one-tenth of a percent from August.

It was the first month the rate has declined after four consecutive months of increasing rates.

During the past year the state’s jobless rate has dropped from 8.2% to 7.3% while the national rate declined from 7.2% to 5.9%.

According to the state Department of Labor and Workforce Development, nonfarm employment increased 7,200 jobs from August to September. The biggest increases came in accommodations and food services; education and health services; and government.

Over the year, nonfarm employment increased 60,700 jobs with the largest increases coming in professional and business services; leisure and hospitality; and trade and transportation and utilities.

Employment reports for cities and counties are scheduled for release late next week.


 

EARLIE REPORTS 

August Tri-Cities employment the lowest since 2002 

The exception to these somber numbers was employment in Kingsport. It is the only city where employment was higher in August that it was before the recession.

Wall Street Journal report shows Kingsport-Bristol, Johnson City MSAs in job loss category 

Kingsport-Bristol sees small August wage increase – Johnson City MSA down 

 

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