LABOR MARKET

Mid-year report: Labor economy slowly moving toward recovery to pre-recession Tri-Cities jobs level

The Tri-Cities labor market slipped into its seasonal summer slump in June still flexing its slow-growth muscles. June’s report holds some critical clues to not only the progress and durability of the region’s economic recovery but how that recovery is… Read More ›

Tri-Cities labor market enters seasonal slump on positive footing

The Tri-Cities labor market entered its seasonal three-month slump with the loss of 300 nonfarm jobs. At the same time, the number of people employed increased by 363 and the unemployment rate increased to 3.4%. That’s a pretty good labor… Read More ›

2018 wages increase 4% in Kingsport-Bristol, 1.9% in Johnson City

INFLATION ADJUSTED BUYING POWER UPDATE Inflation-adjusted buying power for the four classes of workers in the Tri-Cities varied when last year’s increased were compared to 2008 averages – the year before the Great Recession hit the local economy. In the… Read More ›

Non-farm jobs flirt with Tri-Cities pre-recession benchmark – recovery status

A hiring surge in the Kingsport-Bristol’s Leisure and Hospitality sector and an upward revision in March’s jobs pushed total Tri-Cities nonfarm employment above the pre-recession benchmark for the third straight month in April. Preliminary, nonadjusted numbers from the Bureau of… Read More ›

Tri-Cities employers add 500 jobs in March; Johnson City metro continues strongest local job growth

Tri-Cities employers added 500 nonfarm jobs in March and the unemployment rate ticked up by 0.1%. Employment was 878 better than February’s total and the labor force increased by 1,218 people. March’s labor market picture was an extension of what… Read More ›

Johnson City MSA wage estimates

Estimates are calculated by the Bureau of Labor Statistics with data collected from employers in all industry sectors in the four-county area.     Occupation title Annual avg. wage Family and General Practitioners $240,420 Physicians and Surgeons, All Other $233,030… Read More ›

Kingsport-Bristol MSA wage estimates

  Estimates are calculated by the Bureau of Labor Statistics with data collected from employers in all industry sectors in the four-county area. Occupation title Annual avg. wage Family and General Practitioners $240,420 Physicians and Surgeons, All Other $233,030 Architectural… Read More ›

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