The Tri-Cities labor market appears to be shaking off a tepid close to 2020 and the beginning of the new year. February’s local labor market reports, and the most current unemployment claims, paint a picture of a rebound. There were… Read More ›
LABOR MARKET
Unemployment claims decline for second week
Unemployment claims in the Tri-Cities region have declined for the second straight week. There were 2,312 continued claims for Carter, Greene, Hawkins, Johnson Sullivan, Unicoi, and Washington counties for the week ending March 25, according to the state Department of… Read More ›
Tri-Cities’ economic recovery has a soft spot
The Tri-Cities economy is stirring. Builders, Realtors, and lenders are scrambling to keep up with the housing demand. Local retail home improvement firms followed the national model in their own boom cycle. Nationwide it grew by $24 billion, up 17%… Read More ›
Tri-Cities loses jobs in December, unemployment rate increases
Tri-Cities jobs declined in December for the first time since April. The preliminary, unadjusted Bureau of Labor Statistics (BLS) payroll report puts the loss at 400 jobs – 200 when seasonally adjusted. The unemployment rate increased to 6% as employment… Read More ›