Tennessee's Unemployment Rate At 8.4 Percent In September And October

Thursday, November 21, 2013

Tennessee Labor & Workforce Development Commissioner Burns Phillips announced Thursday that Tennessee’s unemployment rate for both September and October was 8.4 percent, which is one tenth of one percentage point lower than the August revised rate. The national unemployment rate for October 2013 was 7.3 percent, up one tenth of one percentage point from September. 

The U.S. Bureau of Labor Statistics (BLS) provides unemployment data to states each month including household and business surveys that contribute toward the monthly calculation. 

The BLS delayed release of state rate information due to the recent federal shutdown, but normal monthly rate announcements will resume in December.

Economic Summary:

·         Tennessee's preliminary October unemployment rate was 8.4 percent, unchanged from the revised September rate.

·         Tennessee’s preliminary September rate was 8.5 percent, but was revised to 8.4 percent.

·         Total nonfarm employment increased 8,000 jobs from September to October. The largest increases occurred in trade/transportation/utilities, accommodation/food services, and professional/business services.

·         Over the year, nonfarm employment increased 33,200 jobs. The largest increases occurred in leisure/hospitality, retail trade, and professional/business services.


GKH Announces Honors For Brittany Faith

Brittany Thomas Faith, of the law firm of Grant, Konvalinka & Harrison, P.C., has been elected by her peers as secretary of the American Immigration Lawyers Association Mid-South Chapter and as a   member of the Association’s executive committee. The Mid-South chapter is a sub-chapter of the national Association that consists of lawyers in Tennessee, Arkansas, Mississippi, ... (click for more)

HHM CPA Firm Adds Lowe To Dealership Services Group

Chattanooga CPA firm Henderson Hutcherson & McCullough announces Scott Lowe has joined its Dealership Services Group, bringing over 20 years of experience. “Scott’s experience working as the chief financial officer for a large automotive group equips him with a unique skillset,” said HHM partner Travis Horton. “This experience coupled with his public accounting background ... (click for more)

County Commission Gives Up Fight On $900,000 In Discretionary Funds

County Commission members have given up the fight for the annual $900,000 in discretionary funds. Commission Chairman Chester Bankston said there was not enough money available after requests from a number of agencies and departments were cut to balance the budget without a tax increase. Commissioner Sabrena Smedley said the fact that commissioners can no longer allot the ... (click for more)

Bridge Repair Over 12th Street To Cause Temporary Lane Closure On US 27

While investigating a pothole in the bridge on U.S. 27 North over 12 th Street in the construction zone, crews discovered a potential weak spot in the bridge deck that could over time result in more damage to the bridge deck.  For the safety of the traveling public, the outside lane in this area will be closed until the contractor makes necessary repairs, TDOT officials ... (click for more)

A Disturbing Trend At Exit 11 - And Response (2)

So, am I the first to notice a trend?   How many wrecks does exit 11 need before anyone asks "whats up with that?"  I have lost count of the wrecks that continue to happen, even after last year's awful loss of life (which I believe 51 percent of the blame should fall on the THP officer on duty).  The problem with this section of interstate are sight lines ... (click for more)

Roy Exum: A Story You Won’t See

In a puzzling time when the big daily newspapers have veered strongly away from “all the news that is fit to print,” allow me to share a story that you very likely will not see on CNN, ABC News, or in the big media conglomerates that influence the way you think, the way you react and – as a result – easily warp our common senses. This story is very true. Late last Sunday afternoon, ... (click for more)