Unemployment fell in Tennessee during December by three tenths of a percent to 7.8 percent — the state's lowest rate since October 2008, the state Department of Labor and Workforce Development said today.
But Tennessee's jobless rate at the end of 2013 was still well above the U.S. unemployment rate of 6.7 percent last month. Additionally, the seasonally adjusted employment total for Tennessee in December was down by 900 jobs from November and the monthly jobless rate fell only because there was an even bigger drop in the number of people in the workforce during December.
Over the past year, however, nonfarm employment in Tennessee increased by 31,400 jobs with the largest increases in leisure/hospitality, retail trade, and durable goods manufacturing.
Dave Flessner is the business editor for the Times Free Press. A journalist for 35 years, Dave has been business editor and projects editor for the Chattanooga Times Free Press, city editor for The Chattanooga Times, business and county reporter for the Chattanooga Times, correspondent for the Lansing State Journal and Ingham County News in Michigan, staff writer for the Hastings Daily Tribune in Nebraska, and news director for WCBN-FM in Michigan. Dave, a native ...