State’s unemployment rate makes history, again

By Amye Anderson
UCBJ Managing Editor

NASHVILLE – “Another record broken.” That’s the message the Tennessee Department of Labor and Workforce Development recently shared announcing the state’s continuing streak of record-low unemployment rates.

According to the latest report from the US Dept. of Labor’s Bureau of Labor Statistics, September’s unemployment rate stands at 3.0 percent; down from the 3.3 percent rate reported in August and a 1.9 percentage point tumble from the 4.9 percent unemployment rate reported for September 2016.

“Since June, the state’s unemployment rate has been on a steady, record-breaking decline. Behind these history-making figures are real working Tennesseans – people who get up and go to work each day to provide for their families,” Gov. Bill Haslam said.

“As a state, we have invested in our workforce through education programs like Tennessee Reconnect and Tennessee Promise, creating a workforce prepared to fill jobs and increasing the number of high-skilled Tennesseans,” he added.

This marks the fourth straight month the state’s unemployment rate has hit an all-time low. The nationwide unemployment rate currently stands at 4.2 percent; down 0.7 percentage points from September 2016.

County unemployment rates will be released later this month.

Amye Anderson is the managing editor of the Upper Cumberland Business Journal and can be reached via email. Send an email.

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