Tennessee's unemployment rate increases to 10.8%
Jul 16, 2009 at 12:00 AM
Tennessee's unemployment rate for June was 10.8 percent, up 0.1 percent from May. The June rate a year ago was 6.4 percent. The national unemployment rate for June 2009 was 9.5 percent, up from the May rate of 9.4 percent.“Like the national unemployment rate, Tennessee’s unemployment rate has continued to climb,” said Tennessee Commissioner of Labor and Workforce Development James Neeley. “The fact that this is such a minor increase is encouraging as the state had experienced steeper increases in unemployment rates each month for several consecutive months.” The last time Tennessee’s unemployment rate (seasonally adjusted) was as high as the current rate was November 1983.According to the Business Survey, 5,000 job gains statewide occurred in leisure and hospitality; 3,100 in health care and social assistance; and 300 in other services. Major employment decreases occurred in local government educational services, down by 24,500; state government educational services declined by 4,200 jobs; and manufacturing decreased by 3,900.Year-over-year increases occurred in local government, up by 12,900; health care and social assistance increased 10,100; and arts, entertainment and recreation gained 1,600; manufacturing was down 51,000; trade transportation and utilities lost 29,100; and mining and construction decreased by 26,600. Employment data for counties, cities with 25,000 or more population and Metropolitan Statistical Areas is scheduled to be released next Thursday.Related local employment stories:Johnson City's May unemployment rate lowest in Tri-Cities Is this the mother of all jobless recoveries?