Connect with us

Hi, what are you looking for?

News

TENNESSEE STARTS NEW YEAR WITH CONTINUED LOW UNEMPLOYMENT

Tennessee started the new year with little movement in its seasonally adjusted unemployment rate. New data from the Department of Labor and Workforce Development (TDLWD) showed the statewide jobless number inched up only 0.1 of a percentage point to 3.5%. December’s revised rate was 3.4%.
 
In a year-to-year comparison, the statewide unemployment rate increased by 0.1 of a percentage point.
 
Employers added a healthy number of new jobs across the state between December and January. There were 9,900 new nonfarm jobs created month to month, and the largest increase came in the professional and business services sector. The trade, transportation, and utilities sector had the second-largest number of new jobs, followed by the manufacturing sector.
 
In a year-to-year comparison, there were 4,900 new nonfarm jobs created. The education and health services sector accounted for the largest percentage of those new jobs. The leisure and hospitality sector had the second-biggest gain in employment, followed by the trade, transportation, and utilities sector.  
 
A complete economic analysis of the January 2024 statewide unemployment data is available here: https://www.tn.gov/workforce/general-resources/major-publications0/major-publications-redirect/public-reports-redirect/economic-analysis.html

Nationally, the seasonally adjusted unemployment rate remained unchanged at 3.7%. That number was 0.3 of a percentage point higher than the January 2023 statistic.
 
Job seekers can see what reemployment services the state provides at no cost, all on an easy-to-access website. TNWorkReady.com is a great place to search for employment and training opportunities or to find a nearby American Job Center or Adult Education program.
 
TDLWD also has the Tennessee Office of Reentry (TOOR) which focuses on justice-involved individuals who recently left incarceration. TOOR creates and coordinates opportunities across the state to enable these individuals to receive a second chance at entering the state’s workforce.

January 2024 Pre. December 2023 Rev. January 2023

Coffee Co. Employed-25,868, Unemployed 868

Advertisement. Scroll to continue reading.

You May Also Like

News

A water main break in the New Union area has left two county schools with no water. New Union Elementary is without water and...

News

A Coffee County Sheriff’s Department deputy has been terminated after he was arrested for alleged DUI while on duty Thursday, Feb. 23. According to...

News

A tragic accident occurred on Monday night at 9:24 PM near 3261 Hillsboro Highway, resulting in the death of 60-year-old Timothy Sullivan. According to...

Sports

District superiority is up for grabs Friday night in Manchester. Coffee County Central’s Lady Red Raiders (no. 4 AP) and the Warren County Lady...