Tennessee's Unemployment Rate For May Increases Slightly

Thursday, June 19, 2014

Tennessee Labor & Workforce Development Commissioner Burns Phillips announced on Thursday the Tennessee preliminary unemployment rate for May is 6.4%, a tenth of one percentage point higher than the 6.3% April revised rate. The U.S. preliminary rate for May is 6.3%, same as the U.S. April revised rate.

Economic Summary:

  • Over the past year, Tennessee's unemployment rate decreased from 8.
    4% to 6.4% while the national rate decreased from 7.5% to 6.3%.
  • Total nonfarm employment increased 6,700 jobs from April to May. The largest increases occurred in leisure/hospitality, retail trade, and local government.
  • Over the year, nonfarm employment increased 56,900 jobs. The largest increases occurred in professional/business services, leisure/hospitality, and trade/transportation/utilities.

Supreme Court Reinstates Jury Verdict For Railroad

The Tennessee Supreme Court reinstated a jury verdict denying recovery for a railroad employee who claimed he was injured as the result of a faulty railroad switch. Andrew Spencer sued Norfolk Southern Railway after injuring his back on May 16, 2010, when he threw a switch in an effort to move a section of track.  In order to recover damages, Mr. Spencer was required to ... (click for more)

Scam Phone Calls Continue; IRS Identifies Five Easy Ways To Spot Suspicious Calls

The Internal Revenue Service issued a consumer alert today providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with the IRS.   These callers may demand money or may say you have a refund due and try to trick you into sharing private information. These con artists can sound convincing when they call. They ... (click for more)

Plan Revived For 5-Story Boutique Hotel Next To The Walnut Street Bridge

Plans have been revived for a five-story boutique hotel next to the Walnut Street Bridge. Vision Hospitality Group said the yet-to-be named hotel will provide 90 rooms featuring high-end amenities and exemplary service in the city's art district. Plans for a similar hotel were announced in 2012, but the proposal was later withdrawn. The hotel is slated for 102 Walnut ... (click for more)

Grand Jury Says County Needs To Start "Immediately" On Funding A New County Jail

Members of the Hamilton County Grand Jury said in a final report that the county needs to start "immediately" on funding a replacement for the Hamilton County Jail. The report, read by Foreman Robert Smith, says, "The Jail is near and/or over capacity and understaffed!  Hard-working corrections officers are in constant danger.  Being responsible for 80-100 inmates per ... (click for more)

Better Plan For Walnut Street Hotel

Mitch Patel and his Vision Hospitality Group have unveiled a revised plan for a hotel on Walnut Street. It is much better than the one proposed two years ago. By having no curb cuts on Walnut Street, it makes that special block near the bridge more inviting and safer for pedestrians. Deliveries would be off Riverfront Parkway and hotel access (valet parking) would be off Aquarium ... (click for more)

Roy Exum: Al Sharpton’s Wise Remarks

I’ll admit I paid little more than scant attention to the Monday funeral of Michael Brown, the 18-year-old who was shot and killed by police bullets in Ferguson, Mo., after he allegedly was involved in strong-armed robbery. There are too many tawdry details and, in my way of thinking, there is nothing under God’s sun, absolutely nothing, that gives others the right to riot, burn ... (click for more)