TN Unemployment Jumps
Nashville, TN – Tennessee's state jobless rate is its highest since November 1983. Workforce Development Commissioner James Neeley says May's rate was 10.7 percent. He says more than half the total job losses over the past year have been in the goods-producing sector, which includes manufacturing, mining, and construction. The state's May unemployment rate was 0.8 percentage points higher than the revised April rate of 9.9. The state continues to outpace the national unemployment rate, which was 9.4 in May.