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Information Articles for the Paris TN and Henry County Tennessee area

Articles

Information Articles for the Paris TN and Henry County Tennessee area

Tennessee Continues To Record Historically Low Unemployment Rate

November 17, 2017

October Tennessee Statewide Unemployment Rate holds steady at record-breaking 3.0 percent

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee Governor Bill Haslam and Department of Labor and Workforce Development Commissioner Burns Phillips today announced that for the fifth month in a row, the state’s seasonally adjusted unemployment rate is lower than it has been in recorded history.

The state unemployment rate for October 2017 held steady at 3.0 percent, matching the historically low rate set in September.

Tennessee Governor Bill Haslam.

Tennessee Governor Bill Haslam.

[Read more]

County Unemployment Rates Improve Across Much of Tennessee

August 26, 2017

July 2017 Reflects a Positive Shift in 40 Tennessee Counties.

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Amid historic lows in statewide unemployment figures, Tennessee’s county unemployment rates for July 2017 showed improvement in a large number of counties, according to data released today by the Tennessee Department of Labor and Workforce Development (TDLWD).

Forty of Tennessee’s 95 counties bettered their unemployment rates, compared to June 2017 and 31 counties saw no movement during the latest survey.

Tennessee County Unemployment Rates - July 2017 [Read more]

Tennessee Governor Bill Haslam Announces Lowest Unemployment Rate in State History

July 20, 2017

Tennessee has unemployment rate of 3.6 percent for June 2017

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee Governor Bill Haslam and Department of Labor and Workforce Development Commissioner Burns Phillips today announced Tennessee’s unemployment rate for June 2017 was 3.6 percent, the lowest in Tennessee recorded history.

The June 2017 preliminary seasonally adjusted rate surpasses the previous low of 3.7 percent from March 2000.

Tennessee Unemployment Rate - June 2017 [Read more]

Can unemployment increase stroke risk?

April 18, 2017

American Heart Association Rapid Access Journal Report

American Heart AssociationDallas, TX – Unemployment appears to increase the risk of having a stroke in middle-age Japanese men and women, and may have similar implications in the U.S, according to new research published in the American Heart Association’s journal Stroke.

Unlike in the United States, in Japan, workers are part of a “life-term employment system” in which male employees devote themselves to a stable job. “If they lose that job, they are likely to be reemployed in unsatisfactory, lower positions,” said Ehab. S. Eshak, M.D., MSc., Ph.D., lead study author and visiting associate professor at Osaka University’s medical school in Japan.

While the Japanese work culture is different from the U.S. culture, researchers say the implication is that job security could help reduce stroke risk. (American Heart Association)

While the Japanese work culture is different from the U.S. culture, researchers say the implication is that job security could help reduce stroke risk. (American Heart Association)

[Read more]

Tennessee County Unemployment Rates Decrease in all Counties for February 2017

March 31, 2017

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Estimates for February 2017 reveal Tennessee’s county unemployment rates have decreased in all 95 counties, according to data released today by the Tennessee Department of Labor and Workforce Development (TDLWD).

Tennessee County Unemployment Rates Map - February 2017 [Read more]

Tennessee Unemployment Rate in February drops to 5.3 Percent

March 24, 2017

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee Department of Labor and Workforce Development Commissioner Burns Phillips announces a preliminary unemployment rate of 5.3 percent for February.

This is an improvement from the revised January rate of 5.4 percent. February’s U.S. preliminary rate is 4.7 percent, matching Tennessee with a tenth of a percentage point decline from the previous month.

Labor Force Estimates Chart-February 2017 [Read more]

January 2017 Tennessee County Unemployment Rates Rise Across the State

March 10, 2017

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee County unemployment estimates for January 2017 show the rates increased in all 95 counties.

For Henry County, the unemployment rate went up to 7.8 percent in January from December’s 6.3 percent.

Tennessee County Unemployment Rates for January 2017

Tennessee County Unemployment Rates for January 2017

[Read more]

Tennessee’s Unemployment Rate Holds Steady in November at 4.8 Percent

December 16, 2016

Tennessee Department of Labor and Workforce DevelopmentNashville, TN – Tennessee Labor and Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for November was 4.8 percent, remaining the same as the revised October rate of 4.8 percent.

The U.S. preliminary rate for November was 4.6 percent, down three-tenths of a percentage point from the previous month.

2016 November - Labor Force Estimates [Read more]

Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 7th, 2016

November 7, 2016

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The Federal Open Market Committee left short-term interest rates unchanged, as expected, and the policy statement was a near photocopy of the one in September.

The FOMC noted that “the case for an increase in the federal funds rate has continued to strengthen,” but for the time being, officials decided “to wait for some further evidence of continued progress towards our objectives.”

The October Employment Report was largely in line with expectations. Nonfarm payrolls rose by 161,000 (median forecast: +175,000), but the two previous months were revised a net 44,000 higher.

Frazier Allen

Frazier Allen

[Read more]

Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 19th, 2016

October 19, 2016

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Minutes of the September 20-21 policy meeting showed that Federal Open Market Committee members were divided on whether to raise short-term interest rates, and most of those voting to wait felt that it was “a close call.”

Financial markets have increasingly priced in a mid-December rate hike. Amid a thin economic calendar, investors focused on what’s happening in the rest of the world, but also reacted to the initial earnings reports for 3Q16.

Frazier Allen

Frazier Allen

[Read more]

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