Tennessee Unemployment Hits Seven Year Low

Knoxville (WVLT) - More people went to work last month according to the Tennessee Department of Labor.

The unemployment rate dropped more than half of a percent, from 4.7 percent in May to 4.1 percent in June, the lowest since December of 2000.

“Tennessee’s June unemployment rate of 4.1 percent hasn’t been this low since December of 2000,” said Commissioner James Neeley in a release. “From June 2006 to June 2007 employment grew 2.3 percent according to the household survey. Between May and June of 2007 there was a decrease in the number of people looking for work.”

The May-to-June business survey shows employment increases in leisure/hospitality, up 4,700 jobs; employment in professional and business services increased 2,400 jobs, and construction employment increased by 2,300 jobs. Seasonal month-to-month employment decreases took place in local government educational services, down 16,900 jobs; employment in the private educational services decreased by 2,600.

From June 2006 to June 2007, major employment increases occurred in leisure and hospitality jobs, up by 8,100. Jobs in construction rose by 7,500 and educational and health services employment increased by 7,100. Significant employment decreases happened in manufacturing jobs, down 11,200 from a year ago. Clothing and clothing accessories stores employment decreased 1,100.

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