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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

JUNE UNEMPLOYMENT RATE 8.5 PERCENT

TEMPORARY EDUCATION LAYOFFS ACCOUNT FOR LARGE SHARE OF EMPLOYMENT DECREASE

NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today Tennessee’s preliminary unemployment rate for June is 8.5 percent, which increased two tenths of one percentage point from the May revised rate of 8.3 percent. The national unemployment rate for June 2013 was 7.6 percent, unchanged from the previous month.

Economic Summary:

  • Tennessee's June unemployment rate increased to 8.5 percent.
  • Over the past year, Tennessee's unemployment rate increased from 8.2 percent to 8.5 percent.
  • Total nonfarm employment decreased 16,500 jobs from May to June. The largest decreases occurred in government, manufacturing, and health care/social assistance.
  • Over the year, nonfarm employment increased 32,000 jobs. The largest increases were in professional/business services, leisure/hospitality, and retail trade.