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State: Unemployment rate stays level from July to August

(TDLWD press release) Statewide unemployment for Tennessee held steady in August. The latest statistics released by the Tennessee Department of Labor and Workforce Development (TDLWD) show the new seasonally adjusted rate of 3.5 percent mirrors the state’s revised rate from July 2019. 
Tennessee also recorded an unemployment rate of 3.5 percent during this same time in 2018. 
Tennessee reached an all-time low for unemployment earlier this year. For three consecutive months starting in February, the state had a seasonally adjusted rate of 3.2 percent.

Employers across Tennessee added 900 new nonfarm jobs to their payrolls between July and August. The most significant increases occurred in the health care/social assistance sector, followed by administrative/support/waste services, and local government. 
Over the last year, nonfarm employment increased by 45,900 jobs across the state. The sectors that experienced the largest gains were leisure/hospitality, professional/business services, and manufacturing. 
Across the nation, unemployment dropped in August. The new national unemployment rate of 3.7 percent is 0.2 of a percentage point lower than the previous month’s rate. 
The state of Tennessee has compiled a complete analysis of the August 2019 unemployment data and it is available through this link.

About Jim Harris

Jim Harris has been WYSH's News & Sports Director since 2000. In addition to reporting local news, he is the play-by-play voice for Clinton High School football, boys' and girls' basketball and baseball. Catch Jim live weekdays beginning at 6:20 am for live local news, sports, weather and traffic plus the Community Bulletin Board, shenanigans with Ron Meredith and more on the Country Club Morning Show on WYSH & WQLA. Jim lives in Clinton with his wife Kelly and daughter Carolina, his mother-in-law and cats Lucius and Oliver.

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