Tennessee Records 3rd Straight Month Of Record Low Unemployment Rate

Thursday, September 14, 2017

Tennessee Department of Labor and Workforce Development (TDLWD) Commissioner Burns Phillips announced a preliminary unemployment rate of 3.3 percent for August, declining one-tenth of a percent from the previous month. This marks an all-time low for the statewide unemployment rate and August is the seventh consecutive month Tennessee has seen a decline in the statistic.

“To see the unemployment rate decrease nearly every month in 2017 is a positive sign,” said Commissioner Phillips. “It shows we are experiencing growth in the state and that the Governor’s programs aimed at spurring that growth are working.”

While Tennessee’s latest unemployment rate dropped one-tenth of a percent from July’s 3.4 percent, the national unemployment rate increased from 4.3 to 4.4 percent. Over the past year, the state and national rates have declined by 1.5 and five-tenths of a percentage point, respectively.

“The fact Tennessee’s unemployment rate has dropped three times as fast as the national unemployment rate is remarkable,” Commissioner Phillips noted. “That decline proves Tennessee is a great place to operate a business, to work and to raise a family.”

Total nonfarm employment increased 8,200 jobs from July to August. The largest increases occurred in trade/transportation/utilities, mining/logging/construction, and educational/health services.

Over the year, nonfarm employment increased 52,200 jobs, with the greatest amount of growth experienced in trade/transportation/utilities, professional/business services, and leisure/hospitality.

Previously, Tennessee marked an historic low unemployment rate in June 2017 at 3.6 percent, which was bested the following month by a 3.4 percent seasonally-adjusted rate. The August rate of 3.3 percent is the lowest statewide rate since the United States Bureau of Labor Statistics began tracking the statistic in January 1976.

The Economic Analysis and Labor Force Estimates are prepared by the Employment Security division’s labor market information specialists. The division reports metrics and contextual information as it relates to employment, income, and population in Tennessee. Labor force topicsare narrated in monthly newsletters and additional resources are available on Jobs4TN.gov.

The county unemployment release for August will be published on Thursday, Sept. 21, at 1:30 p.m. CT.



Chattanooga Chamber Calendar Of Events Sept. 24-28

Sept. 24, Excel at Excel: Beginner Excel Training 10 to 11:30 a.m. The Edney Innovation Center: 1100 Market St., Floor Five Attend this session to learn about setting print parameters, formatting spreadsheets, sorting information, filtering information, splitting cells, simple formulas, PivotTables (they’re easier than you think!) and other features ... (click for more)

Georgia Labor Market Sets Records In August

Georgia Labor Commissioner Mark Butler said  Thursday  that Georgia’s unemployment rate for August dipped below the national number for the first time  in 11 years . The rate, at 3.8 percent, is approaching the state’s record low of 3.4 percent, set in 2000. At 3.8 percent, it is down .1 percent from July. By comparison, the national rate is 3.9 percent. ... (click for more)

Judge Collier Denies New Trial For Ex Pilot Travel Centers President Hazelwood; Did Not File Without 14 Days Of Verdict

Federal Judge Curtis Collier has issued a 48-page order denying a new trial for former Pilot Travel Centers president Mark Hazelwood. He said initial Hazelwood attorney Rusty Hardin of Houston, Tex., did not follow federal rules of filing notice of an appeal within 14 days of the verdict. Judge Collier also denied a request by Brad Henry, the new Hazelwood lawyer, for time ... (click for more)

Fight Breaks Out During Friday Dismissal At Central High School; Joshua Maddox, 18, Is Arrested With 3 Juveniles

Earlier Friday afternoon, during dismissal at Central High School, a fight broke out, at which time the SRO assigned to the campus called for additional deputies to respond to the school to assist.  The fight involved several students. Of those involved, three juvenile students were transported to the Juvenile Detention Center for disorderly conduct. Joshua Maddox, ... (click for more)

Arming Teachers With Guns Will Be Too Dangerous - And Response (4)

Arming teachers with guns in the classroom, as Bill Lee proposes, would be the single most dangerous thing to happen to students in Tennessee history. Students and teachers in close proximity to loaded firearms daily? Across this state, in middle schools alone, there are probably hundreds of student/teacher conflicts a day. What if a student got hold of gun in a struggle with ... (click for more)

The Saturday Funnies

Before we get into this week’s edition of The Saturday Funnies, I want to share a fun chunk of information that we can have a lot of fun with tonight. Our pals at the website timeanddate.com were good enough to pass along the fact today marks the September Equinox. And – get this -- if you play this right, it will be just like the farmer says: “On the field of opportunity, it’s ... (click for more)