NASHVILLE - Tennessee’s unemployment rate for the month of July is 5.5 percent, down 0.5 percentage points from the seasonally adjusted June rate of 6.0 percent, Commissioner of Labor & Workforce Development James Neeley announced today. The national unemployment rate for July is 5.0 percent, the same as the June rate.
“From July 2004 to July 2005 we have seen job growth totaling 21,600 jobs according to the business survey,” said Commissioner Neeley. “Seasonal month-to-month decreases took place in manufacturing; and local and state government educational services.”
The June-to-July figures show accommodation jobs grew by 500. Construction jobs increased 400. Nursing and residential care facilities added 200 jobs. Month-to-month seasonal decreases took place in local government educational service jobs decreasing by 12,000.
From July 2004 to July 2005, trade/transportation/utilities increased by 6,500. Jobs in health care/social assistance rose by 6,400. Jobs also increased in food services/drinking places, up 3,600. Employment decreased in nondurable goods manufacturing by 2,300, accommodation by 1,800, and information by 1,500.