Tennessee Ends 2017 With 28,000+ New Jobs, Unemployment Rate Nearly 2 Percentage Points Lower Than 2016

Thursday, January 18, 2018

Tennessee Governor Bill Haslam and Department of Labor and Workforce Development Commissioner Burns Phillips today announced Tennessee ended 2017 with more than 28,000 new jobs across the state in the last year and an unemployment rate nearly two percentage points lower than 2016.

 

In 2017 a total of 28,700 nonfarm jobs were created across the state.

The largest increases occurred in the leisure and hospitality industry, followed by education and health services. Since 2011, 391,300 net new private sector jobs have been created in Tennessee.

 

“Jobs are created when businesses put capital at risk, and we’ve created an environment in Tennessee that encourages job growth and is attracting more companies to expand and locate here,” Governor Haslam said. “But we’ve also invested in our citizens through Tennessee Promise and Tennessee Reconnect to prepare our workforce for the job demands of today’s employers.”

 

The seasonally adjusted jobless rate in Tennessee for December 2017 was 3.2 percent, 1.9 percentage points less than the rate in December 2016, but a 0.1 percentage point increase from November.

 

Tennessee first marked a historic low unemployment rate in June at 3.6 percent, which was bested by the July rate of 3.4 percent, and then fell even lower in August to 3.3 percent. It hit a new historic low of 3 percent in both September and October. November’s rate inched up to 3.1 percent.

 

Tennessee’s unemployment rate continues to post well below the national rate of 4.1 percent, which has remained unchanged since October.

 

“To have a six month stretch of such low unemployment is great for Tennesseans,” Commissioner Phillips said.  “But we know there are still citizens searching for a good job and the state is ready to help them find that job.”

 

Resources to help Tennesseans find employment, along with more information on the unemployment rate and labor force are available at Jobs4TN.gov.

 

A complete analysis of the December 2017 unemployment statistics for Tennessee is available here.

 

The state will release the county unemployment rates for December 2017 on Thursday, Jan. 25, at 1:30 p.m. CST.

 


Patrick, Beard, Schulman & Jacoway, P.C. Attorneys Selected To 2018 Mid-South Super Lawyers List

18 Miller & Martin Attorneys Selected To 2018 Mid-South Super Lawyers And Rising Stars Lists

Attorneys Matt Brock And Garth Best Named Midsouth Rising Stars


Patrick, Beard, Schulman & Jacoway, P.C. announced that Gary R. Patrick, Richard A. Schulman, Michael A. Anderson, John H. Templeton, and Jeremy M. Cothern have been selected by their peers ... (click for more)

Eighteen attorneys with Miller & Martin have been selected by their peers to the 2018 Mid-South Super Lawyers or Mid-South Rising Stars lists. 2018 Mid-South Super Lawyers Donald J. ... (click for more)

Attorneys Matt Brock and Garth Best, partners at the law firm of Best Hayduk Brock PLLC, in Chattanooga, were named as “2018 Rising Stars” for the Midsouth region. The two attorneys shared space ... (click for more)


Business

Patrick, Beard, Schulman & Jacoway, P.C. Attorneys Selected To 2018 Mid-South Super Lawyers List

Patrick, Beard, Schulman & Jacoway, P.C. announced that Gary R. Patrick, Richard A. Schulman, Michael A. Anderson, John H. Templeton, and Jeremy M. Cothern have been selected by their peers for inclusion in the Mid-South Super Lawyers for 2018. Each year, no more than five percent of the lawyers in the states of Arkansas, Mississippi, and Tennessee are selected by the research ... (click for more)

18 Miller & Martin Attorneys Selected To 2018 Mid-South Super Lawyers And Rising Stars Lists

Eighteen attorneys with Miller & Martin have been selected by their peers to the 2018 Mid-South Super Lawyers or Mid-South Rising Stars lists. 2018 Mid-South Super Lawyers Donald J. Aho — Business Litigation Douglas Berry — Eminent Domain John R. Bode — Employment & Labor Mark W. Degler — Mergers & Acquisitions Roger W. Dickson — Business Litigation James ... (click for more)

Breaking News

City Council Considering Interim Ordinance Curbing Development Of Steep Slopes, Floodplains

The City Council is considering action soon on an interim ordinance curbing development of steep slopes and floodplains. The measure would limit development of slopes of 33 percent grade or more to 20 percent of those steep grades. It would allow no more than 51 percent of a floodplain to be developed. A large number of developers in the audience indicated they are strongly ... (click for more)

Chicago Drug Dealer Who Supplied Large Amount Of Heroin To Chattanooga Contacts Found Guilty By Federal Jury

A Chicago drug dealer who prosecutors said supplied a large amount of heroin to sources in Chattanooga was found guilty by a federal jury in Chattanooga on Tuesday. James Silas, 50, was convicted of conspiring to distribute one kilogram or more of heroin. Sentencing is set for April 24 at 2 p.m. by Judge Curtis Collier, who presided over the trial. Based on a prior drug ... (click for more)

Opinion

Thanks To First Volunteer Bank

Thank you to the Highway 58 branch of First Volunteer Bank. On behalf of the Ernie Pyle Chapter of the Military Order of the Purple Heart, I would like to express our appreciation to the manager and staff of the HIghway 58 Branch of First Volunteer Bank for putting on a Veterans Day lunch in the lobby of your bank on Friday, Nov. 9. It was a cold and rainy day and Army, Marines ... (click for more)

Roy Exum: It’s A Racist Thing

Being a child of the South, I’ve marveled at our funny sayings for all of my life. I’ve been at a football game and heard a disgruntled fan in the stands say of his team’s quarterback, “That boy couldn’t play dead in a cowboy movie.” I’ve been at the Sunday supper table and heard, “I’m of a mind each one of his sermons is better than the next.” And I’ve sat in a Saturday morning ... (click for more)