b
home
  • JoomlaWorks Simple Image Rotator
  • JoomlaWorks Simple Image Rotator
  • JoomlaWorks Simple Image Rotator
  • JoomlaWorks Simple Image Rotator
  • JoomlaWorks Simple Image Rotator
  • JoomlaWorks Simple Image Rotator


 



 

 

Sponsors: First Commerce Bank, Okay Tire and Brake Center, Lyons, John Karby - Edward Jones Investments, Chad Fox Allstate Insurance, Blalock Plumbing and Electric

Sponsors: First Commerce Bank, First National Bank, Griffin Cook and Sons, H&S Pharmacy #1&2, Lyons Chevrolet, Buick, and GM, and Meredith Warner Animal Clinic

Sponsors: First Commerce Bank, H&S Pharmacy #1 &2, Meredith Warner Animal Clinic, Rejuvenate at Jubilee Hills, John Karby-Edward Jones Investments, and Ledford Employee Exchange.

MCCOC

DECEMBER UNEMPLOYMENT RATE 7.6 PERCENT

STATE UNEMPLOYMENT RATE LOWEST SINCE 2008

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development Karla Davis announced today Tennessee’s unemployment rate for December was 7.6 percent and remained constant from the November revised rate of 7.6 percent. The national unemployment rate for December 2012 was 7.8 percent and was also unchanged from the previous month.

Economic Summary:

  • Tennessee's December unemployment rate remained constant at 7.6 percent and is the lowest Tennessee unemployment rate since October 2008.
  • The number of unemployed persons (235,700) is the lowest since October 2008.
  • The number of employed persons (2,879,600) is the highest since March 2008.
  • Over the past year, Tennessee's unemployment rate declined from 8.5 percent to 7.6 percent (-0.9 percentage point) while the national rate declined from 8.5 percent to 7.8 percent (-0.7 percentage point).
  • Total nonfarm employment increased 6,000 jobs from November to December, with increases in leisure/hospitality, manufacturing, and mining/logging/construction. There were decreases in administrative/support/waste services, retail trade, and state government.
  • Over the year, total nonfarm employment increased 36,400 jobs, with increases in manufacturing, health care/social assistance, and accommodation/food services. There were decreases in wholesale trade, financial activities, and arts/entertainment/recreation.

Follow the Tennessee Department of Labor and Workforce Development on Twitter