Posted on July - 21 - 2011

Tennessee’s jobless rate rose to 9.8 percent in June

NASHVILLE — Tennessee’s unemployment rate keeps ticking up, rising to 9.8 percent in June, the state Department of Labor & Workforce Development said Thursday.

The rate was up one-tenth of a percentage point from May’s revised rate of 9.7 percent.

The national unemployment rate for June was 9.2 percent, up from the May revised rate of 9.1 percent.

The department will release county-by-county jobless rates next week.

“The decline in employmentbined with a slight expansion in the labor force explains the higher unemployment rate,” state Labormissioner Karla Davis said. “This is the third month in a row in which the unemployment rate has slightly increased.”

According to the agency’s household survey, the number of employed Tennesseans decreased by 3,200 from May to June. The civilian labor force increased by 1,800, and at 3,143,900 is the highest on record.

“The increase in employment levels over the last 12 months is still positive with more than 74,000 jobs gained,” Davis said. “This growth rate of 2.7 percent is much higher than the national employment picture which only grew 0.2 percent from June 2010 to June 2011.”

Similar Posts:

Share

Post a comment