Newly released Tri-Cities employment data show the seven-county region had 400 more jobs than February, and the unemployment rate dropped to 4.1% in March. But neither the Bureau of Labor Statistics (BLS) jobs report nor the employment report reflects the… Read More ›
LABOR MARKET
6,419 new jobless claims filed from NE Tenn
There were 6,419 new claims for unemployment in Northeast Tennessee this week. That’s a 35.3% increase for the previous week. During the two weeks that the Coronavirus pandemic began taking a bite out of the local labor force, there have… Read More ›
Tri-Cities jobs trend was softening even before COVID-19’s arrival
Labor market trend numbers for the Tri-Cities labor market are showing softening even before the COVID-19 gut punch that will begin showing up in the April reports. The annual revision of the Bureau of Labor Statistics’ payroll report delivered in… Read More ›
Adjustment lowers Tri-Cities jobs picture – look for things to get worse
The jobs adjustment from December’s preliminary number wasn’t good news for the Tri-Cities. And – like the national labor picture – things are going to get worse. February’s local labor market data will be available early in April, but the… Read More ›