EMPLOYMENT RATE 5.0 PERCENT
NASHVILLE - Tennessee's unemployment rate for the month of February is 5.0 percent, up from the seasonally adjusted January rate of 4.9 percent, Commissioner of Labor & Workforce Development James Neeley announced today.
unemployment rate remains below the national rate of 5.6 percent,"
said Commissioner Neeley. "The February primary helped to better
our employment picture this month with the hiring of more than 15,000
temporary election workers. Since these are temporary workers, they will
not be counted in the March employment statistics, allowing for the usual
seasonal patterns of late Winter/early Spring."
January-to-February nonfarm employment figures show a major increase in
local government jobs, up by 16,600 due to the hiring of election workers.
Increases also occurred in state government educational services jobs,
up 5,100. Month-to-month decreases took place in retail trade, down by
2,300 jobs. Construction jobs decreased by 1,100.
* ATTENTION: February 2004 County and MSA rates will be released on Thursday, April 1, 2004.
NOTE: For more TDLWD news, visit our website at "http://www.state.tn.us/labor-wfd/news/.