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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

MARCH UNEMPLOYMENT RATE 7.9 PERCENT

TENNESSEE UNEMPLOYMENT RATE INCREASES FROM 7.8 PERCENT IN FEBRUARY

NASHVILLE – Tennessee Labor & Workforce Development Interim Commissioner Burns Phillips announced today Tennessee’s unemployment rate for March was 7.9 percent, which increased one tenth of one percentage point from the February revised rate of 7.8 percent. The national unemployment rate for March 2013 was 7.6 percent, decreasing by one tenth of one percentage point from the previous month.

Economic Summary:

  • Tennessee’s March unemployment rate of 7.9 percent is the lowest March rate since 2008.
  • Total nonfarm employment decreased 6,600 jobs from February to March (seasonally adjusted). Decreases occurred in professional/business services and leisure/hospitality.
  • Total nonfarm employment increased 45,200 jobs from March 2012 to March 2013 (seasonally adjusted). Increases occurred in professional/business services and trade/transportation/utilities.