Tennessee's Unemployment Rate for January Increased to 6.7%
NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for January was 6.7 percent, one-tenth of one percentage point higher than the December revised rate of 6.6 percent. The U.S. preliminary rate for January was 5.7 percent, also gaining one-tenth of one percentage point from the prior month.
Over the past year, Tennessee's unemployment rate was unchanged at 6.7 percent, while the national rate declined from 6.6 percent to 5.7 percent.
Total nonfarm employment increased 8.300 jobs from December, 2014 to January, 2015. The largest increases occurred in trade/transportation/utilities, professional/scientific/technical services, and manufacturing.
Over the year, nonfarm employment increased 71,700 jobs. The largest increases occurred in trade/transportation/utilities, professional/business services and manufacturing.