Published: December 23, 2018


TENNESSEE GOVERNOR BILL HASLAM AND TENNESSEE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT COMMISSIONER BURNS PHILLIPS ANNOUNCED FRIDAY THAT UNEMPLOYMENT STATISTICS SHOW THE SEASONALLY ADJUSTED STATEWIDE JOBLESS RATE DROPPED BY 0.1 OF A PERCENTAGE POINT IN NOVEMBER TO 3.6 PERCENT.  ACCORDING TO A PRESS RELEASE, TENNESSEE EMPLOYERS ADDED 3,400 NON FARM JOBS BETWEEN OCTOBER AND NOVEMBER AND THE LARGEST INCREASES OCCURRED IN THE RETAIL TRADE, TRANSPORTATION/WAREHOUSING/UTILITIES, AND THE ACCOMMODATION/FOOD SERVICES SECTORS. DURING THE LAST 12 MONTHS, TENNESSEE'S WORKFORCE HAS GROWN BY 60,700 NONFARM JOBS. THE STATE'S LEISURE/HOSPITALITY SECTOR, ALONG WITH ITS TRADE/TRANSPORTATION/UTILITIES AND PROFESSIONAL/BUSINESS SERVICES SECTORS EXPERIENCED THE MOST GROWTH.  THE STATEWIDE AND NATIONAL UNEMPLOYMENT RATES ARE SEASONALLY ADJUSTED TO ELIMINATE THE INFLUENCES OF WEATHER, HOLIDAYS, THE OPENING AND CLOSING OF SCHOOLS, AND OTHER RECURRING SEASONAL EVENTS FROM AN ECONOMIC TIME SERIES.