Number of Federal Unemployment Claims Doubles in Ten Days
January 19, 2019
Tennessee Department of Labor and Workforce Development (TDLWD)
Nashville, TN – The Tennessee Department of Labor and Workforce Development reports that the number of federal employees applying for Tennessee unemployment insurance benefits has more than doubled during the last 10 days as the partial shutdown of the United States government moves into its fourth week.
Federal Employees in Tennessee Seek Unemployment Benefits during Extended Shutdown.
Federal Employees May Be Eligible for Unemployment
January 14, 2019
Tennessee Department of Labor and Workforce Development (TDLWD)
Nashville, TN – The Tennessee Department of Labor and Workforce Development (TDLWD) says the partial shutdown of the United States government currently impacts more than 25,000 Tennesseans. Many furloughed federal workers are not on the job, while others continue to work without pay.
The Tennessee Department of Labor and Workforce Development manages the federally funded unemployment insurance program.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 4th, 2015
October 4, 2015
Clarksville, TN – The economic data were mixed, but consistent with the theme of global softness and domestic strength. Unit auto sales improved further in September – and, combined with the August data on personal income and spending, suggest that inflation-adjusted consumer spending (70% of GDP) is on track to have expanded at an annual pace of 3.5% to 4.0% in 3Q15.
The trade deficit in goods widened sharply in August, with that split evenly between stronger imports (despite lower oil prices) and weaker exports. Net exports and an inventory correction are expected to subtract significantly from 3Q15 GDP growth, but underlying domestic demand appears to have remained strong.
Frazier Allen
Weekly Market Snapshot from Frazier Allen for the week of September 27th, 2015
September 27, 2015
Clarksville, TN – In Janet Yellen’s first public speech after the recent FOMC meeting, the Fed chair downplayed concerns about the rest of the world and placed herself among the majority of Fed officials expecting to raise short-term interest rates by the end of the year. In a scary moment for investors, Yellen struggled to finish her speech.
She repeatedly lost her place, paused for long periods, and looked generally unwell. She received medical treatment. A Fed spokesperson said that she was dehydrated and that she felt fine later. While stock market participants have been worried about Fed tightening, they seemed to have been more encouraged by Yellen’s expressed confidence in the U.S. economy.
Frazier Allen
IRS 2014 Tax Filing Season to start January 31st
January 21, 2014
Washington, D.C. – The Internal Revenue Service will open the 2014 tax filing season January 31st and encouraged taxpayers to use e-file or Free File as the fastest way to receive refunds.
The new opening date for individuals to file their 2013 tax returns will allow the IRS adequate time to program and test its tax processing systems. The annual process for updating IRS systems saw significant delays in October following the 16-day federal government closure. [Read more]
LBL Re-Opens Following Government Shutdown
October 18, 2013
Golden Pond, KY – Land Between The Lakes (LBL) National Recreation Area re-opens Friday, October 18th at 12:00 Noon. All attractions, campgrounds, camping areas, and recreation opportunities will be open for business as usual.
At this time, LBL Campground Reservations can only be made online by logging onto www.lbl.org and clicking the reservation link. Information on camping reservation refunds will be available next week. LBL’s Tennessee Youth Quota Deer Hunt will take place as scheduled October 19th and 20th.
LBL’s Energy Lake Area. (Land Between the Lakes)
U.S. Government Shutdown is Over
October 17, 2013
Washington, D.C. – Last night, United States President Barack Obama signed legislation to reopen our government and pay our bills.
“Because Democrats and responsible Republicans came together, the first government shutdown in 17 years is now over,” he said today in the State Dining Room. “The first default in more than 200 years will not happen. These twin threats to our economy have been lifted.”
[youtube]http://www.youtube.com/watch?v=5ZeOhgEj-hw[/youtube] [Read more]
TWRA reports Quota Hunts to go on as scheduled at Land Between the Lakes Wildlife Management Area
October 15, 2013
Nashville, TN – The Tennessee Wildlife Resources Agency has been informed that the quota deer hunts scheduled for the Land Between the Lakes Wildlife Management Area will go on as scheduled.
If the federal government shutdown continues when the hunts are underway, the South Welcome Center in Tennessee will not be open to check deer.
Land Between the Lakes.
Weekly Market Snapshot from Frazier Allen for the week of October 13th, 2013
October 13, 2013
The partial government shutdown and brinksmanship over the debt ceiling continued. However, financial market participants were encouraged by signs that the two sides were at least willing to talk to each other.
House Republicans appear to have abandoned demands for a repeal or delay of the Affordable Care Act, but it hasn’t been clear what they want instead. Note that a temporary (six-week or three-month) extension of the debt ceiling does not remove uncertainty completely, but it would sidestep a near-term financial catastrophe.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 8th, 2013
October 8, 2013
Clarksville, TN – Due to a lapse in appropriations, the government entered a partial shutdown. Some 800,000 federal workers were furloughed and about two million others continued to work but without getting paid. The economic impact of the shutdown will depend on how long it lasts.
A few days would not be a big deal, but a prolonged shutdown would result in a larger disruption of worker income (and corresponding restraint in consumer spending). In addition, the uncertainty may lead businesses to delay new hiring or capital expenditures. During the 1995-96 government shutdown, about 20% of private contracts with the government were affected.
Frazier Allen
