Nonfarm payroll jobs increased by 2,800 in August, and the unemployment rate dropped to 7.3% as the Tri-Cities’ labor market began moving out of the summer seasonal slump. The market has clawed back 3,900 of the 19,000 jobs lost in… Read More ›
LABOR MARKET
NE Tenn. counties Work From Home analysis scores
Work from home is a bonified workplace culture disruptor that can work hand-in-hand with attracting new residents (human capital) as an economic development component. Northeast Tennessee has some pluses and minuses in its marketing tool kit to get a bigger… Read More ›
Tri-Cities economy shredding jobs; from laid off to your job’s gone
The Tri-Cities unemployment rate dropped to 8.7% in July. But unlike the national labor market that created 1.8 million jobs, there were no local nonfarm job gains. Employers slashed 1,500 jobs from the June total. Employment dropped by almost 1,500… Read More ›
Tri-Cities’ labor market picture darker than June’s unemployment report
By DON FENLEY The Tri-Cities economy added 4,300 jobs in June, and the unemployment rate dropped to 9.1%. On the surface, that sounds like good news. But it’s only a small part of the story. The Bureau of Labor Statistics’… Read More ›