May’s labor market reports served up a lot to get your mind wrapped around. Johnson City unemployment rate dropped to 2.9%, and the rest of the area saw rates below 4%. It was the second month of decades low jobless… Read More ›
LABOR MARKET
Johnson City wages post strong May increase, Kingsport-Bristol down for fifth straight month
Kingsport-Bristol Metropolitan Statistical Area (MSA), private sector wages, declined again in May while wage growth in the Johnson City MSA continued a higher rate than the national average. This Tri-Cities metro area wage pattern has persisted since the first of… Read More ›
April Tri-Cities unemployment rates drop to levels not seen since the late 1990s, early 2000s
Tri-Cities unemployment rates dropped to numbers locals haven’t seen for 20 years and it’s begging the question: Are we at full employment? If the answer is yes, it’s full employment or a natural employment level for a restructured economy that… Read More ›
Johnson City workers see higher wages, Kingsport-Bristol avg. wage continues slide
April’s private-sector wages saw a continuation of a Tri-cities trend that has become all too common. Workers in the Johnson City Metropolitan Statistical Area saw an increase while those in Kingsport-Bristol saw a decrease. The trend roughly follows the pattern… Read More ›
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