The Tri-Cities economy began clawing back April’s massive job losses in May. It added about 2,100 nonfarm jobs and the unemployment rate dropped to 9.6%, according to preliminary non-seasonally adjusted Bureau of Labor Statistics data. May’s report also revised April’s… Read More ›
The Tri-Cities labor market fell into a CORVID-19 blackhole in April. The region’s March-April job lost was over 18,000 jobs. Compared to April last year it was down 20,100. That’s more than during the entire Great Recession. At the same… Read More ›
Newly released Tri-Cities employment data show the seven-county region had 400 more jobs than February, and the unemployment rate dropped to 4.1% in March. But neither the Bureau of Labor Statistics (BLS) jobs report nor the employment report reflects the… Read More ›
There were 6,419 new claims for unemployment in Northeast Tennessee this week. That’s a 35.3% increase for the previous week. During the two weeks that the Coronavirus pandemic began taking a bite out of the local labor force, there have… Read More ›