rate down 1.4 percentage point from year ago
- Labor & Workforce Development Commissioner James Neeley announced
today Tennessee's seasonally adjusted unemployment rate for June was 4.5
percent, down 1.4 percentage point from June 2003 when the rate registered
5.9 percent and down from the May rate of 4.8 percent. The U.S. rate,
which was 6.3 percent for June a year ago, was unchanged from May at 5.6
* ATTENTION: June 2004 county and MSA rates will be released at 1:30 p.m. on Thursday, July 22, 2004.
Information will be available on the Internet; enter "http://www.state.tn.us/labor-wfd/.
NOTE: Tennessee's employment and unemployment statistics are based on two major surveys. The Current Population Survey (CPS) is a survey by place of residence providing estimates on the number of people in the labor force, total employment, unemployment, and the unemployment rate. Beginning in January 1992, the CPS data are seasonally adjusted for all states as directed by the Bureau of Labor Statistics. The business survey collects data by place of work and creates information about jobs in various industries. The business survey data are non-seasonally adjusted at this time.