Tennessee Commissioner of Labor & Workforce Development Karla Davis announced on Friday Tennessee’s unemployment rate for April fell to 7.8 percent, down from the March revised rate of 7.9 percent. The national unemployment rate for April 2012 was 8.1 percent, 0.1 percentage point lower than the March rate.
“While Tennessee’s unemployment rate has declined for nine consecutive months, April’s decrease is mostly attributable to a shrinking labor force,” said Commissioner Davis. “This is similar to the monthly change that occurred on the national level.”
· The unemployment rate has declined for nine consecutive months.
· Tennessee’s April unemployment rate is the lowest since November 2008.
· The number of unemployed persons is the lowest since November 2008.
· The number of unemployed persons has declined for 16 consecutive months.
· The labor force has declined for four consecutive months.