Tennessee’s Unemployment Rate Goes Up In August

unemployment3Tennessee’s unemployment rate for August was 7.4 percent, up from the July rate of 7.1 percent. That’s according to Tennessee Labor and Workforce Development Commissioner Burns Phillips.
The national rate for August was 6.1 percent, down from 6.2 in July.
Over the past year, Tennessee’s unemployment rate decreased from 8.4 percent to 7.4 percent, while the national rate declined from 7.2 percent to 6.1.
• Total nonfarm employment increased 6,700 jobs from July to August. The largest increases occurred in accommodation/food services, administrative/support/waste services, and durable goods manufacturing.
• Over the year, nonfarm employment increased 59,000 jobs. The largest increases occurred in professional/business services, leisure/hospitality, and trade/transportation/utilities.