December Unemployment Rate Climbs to 10.9 Percent

Thursday, January 21, 2010 | 02:25 pm
Seasonally Adjusted Rate Up 0.7 Percentage Point from November
 
NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for December was 10.9 percent, up 0.7 percentage point from the November rate of 10.2 percent.

“This month we’ve seen a cumulative effect of statistical information which resulted in our high rate of unemployment,” reported Labor Commissioner James Neeley. “These figures are consistent with a weak holiday period that outweighed seasonal adjustments to the unemployment rate this time of year.”

The December rate a year ago was 7.6 percent. The national unemployment rate for December 2009 was 10.0 percent, equal to the November rate of 10.0 percent.

Major Changes in Estimated Nonagricultural Employment
November 2009 to December 2009

According to the Business Survey, 1,700 job gains occurred in retail trade; 1,200 in health care and social assistance; and 1,000 in professional, scientific and technical services. Major employment decreases occurred in manufacturing, down by 4,300; mining and construction declined by 3,900; and administrative, support and waste services declined by 2,900 jobs.
 
Major Changes in Estimated Nonagricultural Employment
December 2008 to December 2009

Year-over-year increases occurred in health care and social assistance, up by 8,700; federal government increased 1,500; and local government educational services gained 1,400. Manufacturing decreased by 27,600 jobs; trade, transportation and utilities lost 26,800; and mining and construction declined by 24,700.
 
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