Tennessee Unemployment Rate Falls To 5.1 Percent

Thursday, April 20, 2017

Tennessee Department of Labor and Workforce Development Commissioner Burns Phillips announces a preliminary unemployment rate of 5.1 percent for March, positively shifting from February’s revised rate of 5.3 percent. This progress matches the U.S. preliminary rate’s decline of two-tenths of a percentage point to 4.5 percent. 

“This report shows Tennesseans are finding work in a growing workforce,” said Comm. Phillips. 

Over the past year, Tennessee's unemployment rate increased by half a percentage point to 4.6 percent while, the national rate of 5.0 percent decreased by half a point.

TDLWD’s commissioner continued, “When the labor force grows quicker than residents can find work, unemployment rates take a hit and that’s exactly what we’ve seen over the past 12 months.”

From February to March, the total non-farm employment increased by 8,600 jobs. The largest increases occurred in administrative/support/waste services, local government, and state government. 

“We’re bringing a great number of job opportunities to the state, helping us achieve our main objective of putting the people of Tennessee to work. This month’s rate shows the hard work of several state agencies is paying off,” he concluded.

Non-farm employment increased over the year with 63,500 jobs. The largest increases occurred in the following industries: professional/business services, leisure/hospitality, and trade/transportation/utilities.

The Economic Analysis and Labor Force Estimates are prepared by the Employment Security division’s labor market information specialists. The division reports metrics and contextual information as it relates to employment, income, and population in Tennessee. Labor force topics are narrated in monthly newsletters and additional resources are available on Jobs4TN.gov.

The county unemployment release for March will be published on Thursday, April 27 at 1:30 p.m. CT. 



TVA Opens Public Comment Period On Scope Of Integrated Resource Plan Update

The Tennessee Valley Authority kicked off a public comment period on Feb. 15, related to the initial process phase for updating its Integrated Resource Plan, the agency’s long-term energy resource strategy.  To ensure that the full range of issues and a comprehensive portfolio of energy resources are addressed, TVA invites members of the public, customers, businesses, employees, ... (click for more)

January Tennessee Revenues Less Than Expected

Tennessee Department of Finance and Administration Commissioner Larry Martin Tuesday announced that overall January state tax revenues posted less than expected, while year-to-date state revenues remain more than budgeted. Revenues for January totaled $1.4 billion, and were 3.18 percent less than revenues received in the same time period one year ago, and were $25 million less than ... (click for more)

City Officials Believe Fish Kill In Small Creek In Hixson Is Related To Weather Changes

City officials said they believe a fish kill in a Hixson Creek is related to weather changes. Officials said, "The Tennessee Wildlife Resources Agency (TWRA) is presently investigating the cause of the large numbers of dead fish seen in a wet weather conveyance that runs into the Tennessee River. At this point, officials believe that the cause is related to weather   occurrences earlier ... (click for more)

East Ridge Council Approves Funding For $2.3 Million Camp Jordan Upgrade; Christopher Harris Chosen As Administrative Hearing Officer

The city of East Ridge is continuing to make improvements and upgrades in the city’s appearance and facilities. At the Jan. 11 city council meeting, approval was given for moving forward to make improvements at Camp Jordan Park. This overhaul for the 40-year-old park includes upgrades to restrooms, concessions, fencing, bleachers, grading baseball and softball fields, turfing the ... (click for more)

Reflections On Billy Graham

Sandra and I are saddened this morning after learning of the death of Billy Graham. We rejoice today, because Mr. Graham once said "It will be reported that Billy Graham has died, but that won't be the truth. He said the truth is that he had only moved to a new location".  I remember when we named 15th Street as Billy Graham Avenue, his daughter Gigi came for the dedication ... (click for more)

Roy Exum: We’re The Angriest State

WalletHub, a financial-health website that has found it can draw a lot of attention by ranking the states on which is “fattest,” smartest, and so forth, has just announced its “sinful” rating and Tennessee churches should be ashamed of the job they are doing in making the Volunteer State a haven for puritans. Then again, our tourism may soon explode … remember Sodom & Gomorrah. ... (click for more)