Tennessee Unemployment Remains Near Historic Low In May

Thursday, June 20, 2019

Tennessee’s statewide seasonally adjusted unemployment rate for May 2019 inched up slightly to 3.3 percent after remaining at an all-time historic low for three consecutive months, according to data released by the Tennessee Department of Labor and Workforce Development (TDLWD).

May’s preliminary rate of 3.3 percent is 0.1 of a percentage point higher than the previous month’s rate. Since February, unemployment across the state had held steady at a record 3.2 percent.

When comparing year-to-year statistics, the current rate is 0.3 of a percentage point lower than it was in May 2018.

“It’s natural to experience a fluctuation in unemployment rates,” said TDLWD Commissioner Jeff McCord.

“Fortunately, Tennessee has not seen much movement recently. While the rate did increase in May, the increase is minimal and still indicates we have a strong economy across much of the state." Total nonfarm employment in Tennessee grew by 3,900 jobs between April and May. The most significant amount of growth occurred in the accommodation/food services and nondurable goods manufacturing sectors.

In a year-to-year comparison, employers created 47,400 new nonfarm jobs between May 2018 and May 2019 with the leisure/hospitality, trade/transportation/utilities, and manufacturing seeing the most jobs added.

Nationally, the unemployment rate remained unchanged at 3.6 percent, mirroring April’s national rate and marks a 0.2 of a percentage point drop compared to the same time last year.

You can find a complete analysis of the May 2019 unemployment rate for the state of Tennessee here.

Tennesseans searching for new employment can log on to Jobs4TN.gov, the state’s workforce development website. It has over 150,000 active job listings, as well as free online resume assistance, job interview skills training, and other best practices to help with job searching.

The state of Tennessee will release the May 2019 county unemployment rates Thursday, June 27, at 1:30 p.m. CT.


Marketing Firm 8Bend Among 14 Agencies In The U.S. To Receive StoryBrand Agency Certification

Chattanooga Chamber Calendar Of Events May 25-30

AG Slatery Urges Congress To Fund Expanded Access To Broadband


8Bend Marketing, a marketing agency founded in 2019 in Chattanooga, recently achieved StoryBrand Agency certification, becoming one of fewer than 20 firms across the United States to attain that ... (click for more)

May 25, ONLINE - Don't Throw Your Vision Out with the Pandemic 5:30-7:30 p.m. Needless to say 2020 is not what we expected it to be. Join us as we take a look at the visions that we set for ... (click for more)

General Herbert H. Slatery, III has joined 38 attorneys general in urging Congress to help ensure that all Americans have the home internet connectivity necessary to participate in telemedicine, ... (click for more)



Business

Marketing Firm 8Bend Among 14 Agencies In The U.S. To Receive StoryBrand Agency Certification

8Bend Marketing, a marketing agency founded in 2019 in Chattanooga, recently achieved StoryBrand Agency certification, becoming one of fewer than 20 firms across the United States to attain that level of recognition and training. StoryBrand, a marketing company founded by bestselling author Donald Miller, uses a 7-Part Story Framework to help clients clarify their message. ... (click for more)

Chattanooga Chamber Calendar Of Events May 25-30

May 25, ONLINE - Don't Throw Your Vision Out with the Pandemic 5:30-7:30 p.m. Needless to say 2020 is not what we expected it to be. Join us as we take a look at the visions that we set for ourselves for the 2020 calendar year. Let's take stock of what has happened, let's evaluate what we said we wanted for the year and let's find hope as we realize that we don't have to throw ... (click for more)

Breaking News

Coppinger Presents Bare Bones Budget That Still Could Be Revised Down

County Mayor Jim Coppinger on Tuesday morning presented a bare bones budget that still could be revised downward by reductions from the state. The county mayor said he is confident with the county's revenue projections. However, if there are more cuts coming, he said the county enjoys a healthy rainy day fund. It stands at $110 million - the same as last year. The total county ... (click for more)

Hamilton County Adds Another 54 Coronavirus Cases; Tennessee Has 2 More Deaths

Hamilton County has added another 54 coronavirus cases, moving the total to 694, the local Health Department reported on Memorial Day. The county remains at 14 deaths. There have been seven confirmed cases at the Waddington North America Novolex plant on Quintus Loop in the Jersey Pike area. The plant, which had already planned to close for the Memorial Day weekend, conducted ... (click for more)

Opinion

Memorial Day Remembrance 2020

Perhaps the terrible toll that has engulfed the greater world community due to the black wave known as COVID 19 brings about an urgent sense of reflection and recollection on the true meaning of Memorial Day. One of the earliest commentaries was provided by Frederick Douglass at Arlington National Cemetery on Decoration Day 1871. He would extol to the crowd to never forget ... (click for more)

Roy Exum: For Grins & Giggles

We know from many previous experiences that “An Idle Mind Is The Devil’s Workshop.” We also know that not one person in our nation could have been better prepared than our leaders from both parties in this COVID-19 pandemic. Guffaw and cackle all you want but I promise not a person in our state would pick you over Governor Bill Lee. It is terribly disappointing that every day somebody ... (click for more)