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Business & Technology

Tennessee's October jobless rate 10.5 percent

November 19th, 2009 12:00 am by Staff Report

Tennessee's unemployment rate was 10.5 percent for October, unchanged from last month.

 Commissioner of Labor and Workforce Development James Neeley said “While the national unemployment rate increased to 10.2 percent, Tennessee’s unemployment rate held steady at 10.5 percent for the second consecutive month,” reported Labor Commissioner James Neeley.  

The October rate a year ago was 6.9 percent. The national unemployment rate for October 2009 was 10.2 percent, up from the September rate of 9.8 percent.

According to the state's most recent Business Survey, 5,300 job gains occurred primarily in state and local government educational services; 5,000 in administrative, support and waste services; and 1,800 in private educational services.  Major employment decreases occurred in leisure and hospitality, down by 6,900, mining and construction declined by 2,600, and manufacturing decreased by 1,400 jobs

Year-over-year increases occurred in health care and social assistance, up by 6,400; local government increased 3,300; and federal government gained 2,000; manufacturing was down 37,100; mining and construction lost 29,500; and trade, transportation and utilities declined by 28,700.

County and city unemployment data for Tennessee is scheduled for release on Nov. 25.

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