Unemployment Tennessee – GEasy Labour News http://news.geasyhr.com Human Resource Information from GEasy Mon, 23 Aug 2021 20:26:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://i0.wp.com/news.geasyhr.com/wp-content/uploads/2021/08/cropped-GEasy-Logo.png?fit=32%2C32 Unemployment Tennessee – GEasy Labour News http://news.geasyhr.com 32 32 156805379 Unemployment Falls for Second Consecutive Month in Tennessee http://news.geasyhr.com/unemployment-falls-for-second-consecutive-month-in-tennessee/?utm_source=rss&utm_medium=rss&utm_campaign=unemployment-falls-for-second-consecutive-month-in-tennessee Mon, 23 Aug 2021 19:44:03 +0000 https://news.geasyhr.com/?p=36 Statewide unemployment rate across Tennessee’s decreased for the second consecutive month in July, according to the Department of Labor and Workforce Development.

According to the state government’s website, “the preliminary, seasonally adjusted rate for July 2021 is 4.7%, a drop of 0.2 of a percentage point from June’s revised rate of 4.9%”.

Tennessee’s unemployment rate has been at 5.1%, or lower, for the last seven months. In March 2020, the last month before COVID-19 business closures impacted the economy, Tennessee’s unemployment rate was 4%.

In July 2020, the state’s unemployment rate was 8.9% which is 4.2 percentage points higher than the current rate.

Total nonfarm employment decreased by 6,100 jobs between June and July. The largest decreases occurred in the local government, retail trade, and wholesale trade sectors.

Over the year, nonfarm employment in Tennessee increased by 142,600 jobs. The largest increases occurred in the professional/business services sector, followed by the leisure/hospitality, and trade/transportation/utilities sectors.

Nationally, seasonally adjusted unemployment dropped 0.5 of a percentage point to 5.4%. One year ago, the United States unemployment rate was 10.2%.

If you want to hire workers to staff your Tennessee business, visit our website here: www.geasyhr.com

If you are searching for employment in Tennessee, visit our jobs site here: www.jobs.geasyhr.com

A complete analysis of Tennessee’s July 2021 unemployment data is available here. The state of Tennessee will release the July 2021 county unemployment rates on Thursday, August 26, 2021, at 1:30 p.m. CT.

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