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Top 5 Industries Hiring in Middle Tennessee

Editor — Mon, 23 Aug 2021 20:04:58 +0000

Health care, Tech, and Services jobs lead the list of in-demand sectors across Tennessee, according to expert.

Nashville is known as the health care capital and generates roughly $84 billion in global revenue annually. It’s this area’s top industry, growing at a rate of more than 11% locally, which is faster than the national average.

“Even before the pandemic, we had a shortage of nurses and a shortage of other health care providers and that has continued,” an expert says.

Tech opportunities are also taking over. With the likes of Amazon and Oracle changing the landscape, there’s never been a better time to try tech.

“When you think about technology, it’s not just an industry in and of itself. It really filters through every other industry.” For example, Coleman continues, “Automotive is huge in Middle Tennessee and advance manufacturing is huge.”

And there’s an opportunity to sell those products outside of the region, which still brings dollars back to Nashville.

Next on the list involves big business. “We are also looking to recruit corporate operations or business services because of those high-wage jobs, says the expert.”

Think positions that keep major companies operating, “Back office, corporate operations, headquarters, legal, [and] accounting.”

Last on the list is entertainment and hospitality which is Nashville’s #2 industry.

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

Unemployment Falls for Second Consecutive Month in Tennessee

Editor — Mon, 23 Aug 2021 19:44:03 +0000

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.

Worker Shortage Threatens Nashville’s Recovery

Editor — Mon, 09 Aug 2021 21:21:44 +0000

The Associated Press has reported that a post-pandemic business boom arrived as expected, but there aren’t enough workers to keep up with a national surge in demand.

There were 166,704 unemployed Tennesseans and more than 250,000 advertised jobs in April, state labor officials reported.

The nationwide worker shortage hasn’t just left the hospitality and tourism industries short-handed at a crucial time. Many other industries lag well behind 2019 production and a quick fix is elusive.

Only a quarter of the number of expected hires were made across the country in April. The U.S. Department of Labor recorded 266,000 jobs added, well below the anticipated 1 million.

NASHVILLE

While the challenge is hitting industry leaders across the country, it’s especially threatening to Nashville’s thriving hospitality scene.

“It can have a more dramatic impact on our level of business because we rely on Southern hospitality as part of the charm,” said Nashville Convention and Visitors Corp. CEO Butch Spyridon. “In New York, you don’t necessarily expect over-the-top hospitality. But in Nashville you do.”

Gov. Bill Lee announced last week that Tennessee would opt out of the weekly $300 federal unemployment boost July 3, phasing back to the standard $275 check-per-week in Tennessee.

Tennessee follows Montana, Alabama, Arkansas, Mississippi and South Carolina in refusing the cash. They expect it to motivate residents choosing not to go back to work because of the higher government payments.

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