September Unemployment Rate 9.4 Percent

Thursday, October 21, 2010 | 12:31 pm
Seasonally Adjusted Rate Down 0.2 Percentage Point from August’s Rate
 
NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for September was 9.4 percent, down two-tenths of a percentage point from the August rate of 9.6 percent. The September 2009 rate was 10.8 percent. The national unemployment rate for September 2010 was 9.6 percent, unchanged from the August rate.
 
“This is the first time the state rate has been below the national rate since July of 2004,” reports Labor Commissioner James Neeley.  “While monthly employment gains are encouraging in the short term, sustained growth will be needed to recover the jobs lost during this recession.”
 

Major Changes in Estimated Nonagricultural Employment
August 2010 to September 2010
 
According to the Business Survey, government (due to educational services) increased by 10,100 jobs; private educational and health services increased by 7,500; and administrative, support and waste services increased by 1,400. Major employment decreases occurred in leisure and hospitality, down by 3,000; federal government declined by 1,600; and wholesale trade declined by 1,100 jobs.

 
Major Changes in Estimated Nonagricultural Employment
September 2009 to September 2010
 
Year-over-year increases occurred in private educational and health services, up by 11,700; administrative, support and waste services gained 10,400; and retail trade was up by 6,800. Year-over-year decreases occurred in mining and construction, down by 5,400; transportation and warehousing lost 5,000; and information decreased by 3,400.
  

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