Tennessee's July Unemployment Rate Was 8.5 Percent

Friday, August 16, 2013

Tennessee Labor & Workforce Development Commissioner Burns Phillips announced that Tennessee’s preliminary unemployment rate for July is 8.5 percent, which is unchanged from the June revised rate. The national unemployment rate for July 2013 was 7.4 percent, down two tenths of one percentage point from the previous month. The economic summary is as follows:

*Tennessee's July unemployment rate remained unchanged at 8.5 percent.
*Over the past year, Tennessee's unemployment rate increased from 8.

2 percent to 8.5 percent.
*Total nonfarm employment decreased 2,500 from June to July. The largest decreases occurred in administrative/support/waste services, state government, and accommodation/food services.
*Over the year, nonfarm employment increased 32,300 jobs. The largest increases were in leisure/hospitality, professional/business services, and retail trade. 


Michael Williams Has Law License Suspended

Michael Gregory Williams, of Hamilton County, was suspended from the practice of law on Thursday by Order of the Tennessee Supreme Court for four years.  The suspension will begin on Nov. 9. A Petition for Discipline was filed on Oct. 30, 2013, alleging that Mr. Williams had misappropriated funds from an estate for which he had been appointed administrator and had failed ... (click for more)

Browns Ferry Unit 1 Completes Refueling, Back Online

The Unit 1 reactor at the TVA’s Browns Ferry Nuclear Plant returned to service at 8:16 p.m. CDT on Wednesday, following the successful completion of a planned refueling and maintenance outage.  Plant operators will be raising power over the next several days until the unit once again achieves full power. “The Browns Ferry team worked hard to refuel and prepare Unit 1 for ... (click for more)

Downtown Chattanooga Apartment Complex That Brought $3 Million Profit Exempt From Most Taxes Until 2022 Under PILOT

A downtown Chattanooga apartment complex that recently was sold at a $3 million profit is exempt from most property taxes through 2022 under a PILOT (payment in lieu of taxes) agreement.   No payment of school taxes was included in the deal for Walnut Commons at Walnut Street and Aquarium Way.   The only taxes due on the property for the next eight ... (click for more)

Chickamauga Lock To Reopen As Soon As Next Thursday

The U.S. Army Corps of Engineers Nashville District  plans to reopen Chickamauga Lock to all navigation traffic as early as next Thursday. An inspection of the upper gate anchorage and a repair plan were completed today. Chickamauga Lock closed on Monday after a routine inspection revealed a crack in the anchorage of the upper gate. Lt. Col. John Hudson, commander ... (click for more)

A Vote For Education Is Critical In Tennessee

In a state where just 28 percent of eighth graders are proficient in math and 33 percent are proficient in reading according to national assessments, education is deserving of more attention in 2014 elections. Across the country, more parents are making informed decisions about their child’s education, but for Volunteer State parents without resources, choices are difficult to come ... (click for more)

Roy Exum: Saban: ‘Ratings Don’t Matter’

When the first College Football Playoff rankings were released earlier this week, Alabama football coach Nick Saban got it right on the button when he shrugged, “I don't even care, to be honest with you." "To me, none of it matters, What does it matter?” he laughed at the Tide’s No. 6 ranking. “I mean, it only matters where you end up at the end. So what matters to us is how ... (click for more)