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LABOR MARKET

Tri-Cities labor market flirts with pre-recession levels; unemployment at 3.8%

For the second time this year there were more non-farm jobs in the Tri-Cities than they were during pre-recession benchmark and the region remains at full-employment status. Preliminary, non-adjusted data from the Bureau of Labor Statistics show 204,600 nonfarm jobs… Read More ›

Tri-Cities job growth rate slows, August private sector wages up

The Tri-Cities nonfarm job growth rate dropped a little in August but not enough to upset a four-month positive trend. The August preliminary, non-seasonal adjusted total was 1,700 better than August last year. Employment was also up as the region… Read More ›

Tri-Cities jobs growth rate slows; labor market at full employment, but…

The Tri-Cities labor market is slogging through the seasonal slump by slowing adding nonfarm jobs. So far this year, employers are averaging 40 new jobs a month. Last year they grew at an average rate of 134 a month. July’s… Read More ›

Mid-year wage corrections illustrate bumpy road in Kingsport-Bristol

The Bureau of Labor Statistics’ (BLS) mid-year average private sector wage corrections are complete. The result was half of the monthly averages in the four-county Kingsport-Bristol Metropolitan Statistical Area (MSA) were lowered and the Tri-Cities’ two metro areas area again… Read More ›

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