State's unemployment rate increases to 7.9 percent
Thursday, Jun 14, 2012
“Tennessee’s employment change this month is relatively flat with a slight increase in the amount of people reentering the workforce to look for work,” said Davis. “Even though the unemployment rate had a slight increase, it is the first increase we have seen since November 2010.”
• The April unemployment rate was revised down 0.1 percentage point to 7.7 percent from 7.8 percent;
• Employment, unemployment, and the labor force increased in May;
• Total nonfarm employment decreased 1,700 jobs from April to May;
• Over the year we have seen an increase of 39,100 jobs.