Tennessee January Unemployment Rate Decreased To 7.2 Percent

Thursday, March 6, 2014

Tennessee Labor & Workforce Development Commissioner Burns Phillips announced Thursday Tennessee’s preliminary unemployment rate for January is 7.2 percent, which is five tenths of one percentage point lower than the December revised rate. The national unemployment rate for January was 6.6 percent, down one tenth of one percentage point from December. 

Economic Summary:

·Over the past year, Tennessee's unemployment rate declined from 8.1 to 7.2 percent, while the national rate declined from 7.9 to 6.6 percent. 

·Unemployment (218,900) is the lowest since September 2008 and is 15,900 lower than last month. 

·Total nonfarm employment decreased 2,100 jobs from December to January. The largest decreases occurred in manufacturing, administrative/support/waste services, retail trade, and government. 

·Over the year, nonfarm employment increased 37,800 jobs. The largest increases occurred in professional/business services, leisure/hospitality, and trade/transportation/utilities.

2014 January and February state and county unemployment rate figures are released later than normal due to annual benchmarking and revisions of the prior year.

Electrify Africa Bill Passes Senate Foreign Relations Committee

U.S. Senators Bob Corker, Ben Cardin (D-Md.), and Chris Coons (D-Del.), all members of the Senate Foreign Relations Committee, Thursday praised committee passage of the Electrify Africa Act of 2015 (S.2152), which was also cosponsored by Senators Marco Rubio (R-Fla.), Ed Markey (D-Mass.), Jeff Flake (R-Ariz.), Johnny Isakson (R-Ga.), and Lisa Murkowski (R-Alaska). With nearly 600 ... (click for more)

More Than 800 Economic Development Leaders To Attend 62nd Annual Governor's Conference On Economic And Community Development

The 62nd Annual Governor’s Conference on Economic and Community Development will be held Oct. 13-14 at the Renaissance Hotel in downtown Nashville. The conference theme will focus on “Team Tennessee” showcasing how the state’s workforce, education and transportation systems are aligning to support Tennessee’s overall economic development mission. This year’s conference will ... (click for more)

Chattanooga Putting World Class Guitar Collection On Display At The Choo Choo

A world class guitar collection is set to go on display permanently at the Chattanooga Choo Choo. "Songbirds," which is built around the collection of Lookout Mountain businessman Thorpe McKenzie, was introduced to the public on Thursday night. Invited guests at the Choo Choo heard Nashville guitar star Doyle Dykes perform in the Choo Choo's new Revelry Room. He played some ... (click for more)

Father Killed By Train Just After Pushing Daughter To Safety In East Brainerd

A 31-year-old man was killed just after he pushed his 10-year-old daughter to safety in an encounter with a train on a trestle in East Brainerd on Thursday afternoon. Police said two pedestrians were walking on the train tracks on a trestle at Audubon Acres when a train came around a bend and struck one of them. Justin McCary was struck by the train as he pushed ... (click for more)

Regulations As A Whole On Signal Mountain

A few years ago I was flying over Chattanooga on my way to Atlanta.  The sun had just come up and I enjoyed picking out Signal Mountain’s location, on Walden’s Ridge, in the morning light.  What was amazing was that I could not tell that a town existed under the tree canopy.  I hope that the same can be said 10, 20, or even 50 years from now.  During last ... (click for more)

Roy Exum: We Must Learn To Tell

On July 4th of this year, FBI agents – acting on a tip -- arrested Alexander Ciccolo, a 23-year-old with known mental problems, as he carried a duffel bag full of automatic-attack weapons. Moments before, he had bought the illegal firearms from an undercover informant outside of Boston. As agents later scoured his apartment, they found bomb-making equipment including a pressure ... (click for more)