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.


BlueCross Names Medalie Director Of Major Account Management

BlueCross BlueShield of Tennessee has selected Jonathan Medalie as director of major account management.  In this role, Mr. Medalie will oversee major and corporate account management operations and develop and maintain regional broker relationships.  Mr. Medalie most recently served with BlueCross of Idaho, where he was director of sales and account management. ... (click for more)

TVA To Hold Public Meeting In Nashville On Draft Integrated Resource Plan

The Tennessee Valley Authority will host a public meeting in Nashville on Tuesday about the newly released draft of its 2015 Integrated Resource Plan, a guide to TVA’s energy planning decisions for the next 20 years. The meeting, the sixth of seven TVA will offer around the Valley, will be held at the Loew’s Vanderbilt Hotel, Kirkland/Calhoun Room, 2100 West End Ave.  The ... (click for more)

Prominent Business, Civic Leader, And Philanthropist Scotty Probasco Dies At 86

Prominent Chattanooga business, civic leader and philanthropist Scotty Probasco has died at the age of 86. Scotty, as he was affectionately greeted by most of Chattanooga, was known for his modesty, generosity, dependability, and unswerving loyalty. “Great work” was always on the tip of his tongue – a manifestation of his joyous humility. He was a man of high ideals, of kind ... (click for more)

River Flood Warning Issued For Lookout Creek

There has been a river flood warning issued for Lookout Creek. Here is the warning from the National Weather Service: THE NATIONAL WEATHER SERVICE IN PEACHTREE CITY HAS ISSUED A FLOOD WARNING FOR THE LOOKOUT CREEK NEAR NEW ENGLAND. FROM THIS MORNING UNTIL THIS AFTERNOON. AT 11AM SUNDAY THE STAGE WAS 11.7 FEET...AND RISING. FLOOD STAGE IS 12 FEET. THE CREEK WILL ... (click for more)

Proud Of Hometown Boy Turned Global Leader, Bob Corker

Time Magazine has it right.  Not only is Chattanooga’s own U.S. Senator Bob Corker one of the “100 Most Influential People in the World,” but he is probably now the most prominent leader in the history of our city.   At a time of extreme frustration with Washington and Congress in general, Bob continues to rise above the division and rancor to build consensus and solve ... (click for more)

Roy Exum: Great Work, Ol’ Pro!

Years ago I was lucky enough to be the seatmate of Scotty Probasco on an airplane bound for somewhere and he taught me a word that has helped me be a much better person than I ever thought I could. We were already swell friends, since he’d watched me grow up at First Presbyterian Church every Sunday with his kids, and he liked some of the stuff I tried to write back then. So ... (click for more)