Unemployment Rate Up Slightly in Tennessee

unemployment3Tennessee’s unemployment rate for July was 4.3 percent, up two-tenths of a percentage point from the June rate of 4.1 percent. That’s according to Tennessee Labor Commissioner Burns Phillips.
Even with the slight increase this month, the unemployment rate in Tennessee has declined 1.3 percent since July of 2015.
The U.S. rate for July was 4.9 percent, unchanged from the previous month.
Over the past year, Tennessee’s unemployment rate decreased from 5.6 percent to 4.3 percent, while the national rate declined from 5.3 percent to 4.9 percent.