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Tennessee's Unemployment Rate for November Decreased to 6.8%

Thursday, December 18, 2014 | 07:30am

NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for November was 6.8 percent, three tenths of one percentage point lower than the October revised rate of 7.1 percent. The U.S. preliminary rate for November was 5.8 percent, unchanged from the prior month.
Economic Summary

  • Over the past year, Tennessee's unemployment rate decreased from 7.9 percent to 6.8 percent while the national rate declined from 7.0 percent to 5.8 percent.
  • Total nonfarm employment decreased 1,900 jobs from October to November. The largest decreases occurred in accommodation/food services, retail trade, and administrative/support/waste services.
  • Over the year, nonfarm employment increased 53,900 jobs. The largest increases occurred in professional/business services, trade/transportation/utilities, and durable goods manufacturing.

For a schedule of media release dates, please visit http://www.tn.gov/labor-wfd/news/tfs.shtml.

 

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