LABOR MARKET

Reports show Feb. Tri-Cities jobs, employment trends increasing

Nonfarm jobs made a seasonal February bounce driving the 2019 Tri-Cities jobs growth trend rate higher. Employment for the seven-county region was also higher and unemployment rates dropped. Preliminary non-adjusted monthly totals from the Bureau of Labor Statistics show the… Read More ›

Report shows Tri-Cities had a net nonfarm jobs growth of 500 in 2018

January’s preliminary labor market reports show the Tri-Cities had a little more than 4,000 more nonfarm jobs than it did in January last year. The same report shows the seven-county region’s labor market had a nonfarm job gain of 500… Read More ›

Tri-Cities jobs decline in December; Johnson City MSA jobs down from 2017, Kingsport-Bristol gains

U.S. hiring surged during December, but not in the Tri-Cities. The region’s economy lost 400 nonfarm jobs but finished the year with an average of 1,150 more jobs than 2017. The net annual totals will be available in the January… Read More ›

Older workers a big part of Tri-Cities workforce and their ranks are growing

The next time you shop for groceries, pick up something at Walmart or grab lunch at almost any Tri-Cities fast-food restaurant count the number of workers who are in the 50 years-old. That’s right there’s a lot of them. And their… Read More ›

Tri-Cities jobs flirt with pre-recession benchmark; Nov. jobless rate drops to 3.5%

The Tri-Cities’ economy added 800 nonfarm in November, employment increased by 672 people and the unemployment rate dropped to 3.5%. It was the best November total since 2008 and only 100 jobs shy of the pre-recession high, according to Bureau of… Read More ›

Tri-Cities federal workers have highest avg. weekly wage of major labor market subgroups

Tri-Cities federal workers have the highest average weekly wage for major labor market subgroups. Those Bureau of Labor Statistics Quarterly Census of Employees and Wages subgroups include total workers covered, the private sector, federal, state and local government sectors. The… Read More ›

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