June Unemployment Rate 10.1 Percent
Thursday, July 15, 2010 | 08:30am
Seasonally Adjusted Rate Down 0.3 Percentage Point from May
NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for June was 10.1 percent, down three-tenths of a percentage point from the May rate of 10.4 percent. The June 2009 rate was 10.9 percent. The national unemployment rate for June 2010 was 9.5 percent, down 0.2 percentage point from the May rate of 9.7 percent.
“The unemployment rate in Tennessee fell to 10.1 percent in June as a result of moderate growth in employment,” reported Labor Commissioner James Neeley. “Modest gains in areas like construction and leisure/hospitality were offset by job losses in education and census workers.”
Major Changes in Estimated Nonagricultural Employment
May 2010 to June 2010
May 2010 to June 2010
According to the Business Survey, leisure/hospitality increased by 5,000; mining/construction added 2,500 jobs, and healthcare/social assistance increased by 2,300. Major employment decreases occurred in government (primarily educational services), down by 34,700; administrative/support/waste services declined by 6,100; and private educational services declined by 3,000 jobs.
Major Changes in Estimated Nonagricultural Employment
June 2009 to June 2010
June 2009 to June 2010
Year-over-year increases occurred in administrative/support/waste services, up by 10,000; federal government gained 6,700; and retail trade was up by 5,100. Year-over-year decreases occurred in transportation/warehousing, down by 6,200; mining/construction lost 5,100; and accommodation/food services decreased by 5,000.
-###-