{"id":13633,"date":"2018-04-21T21:50:45","date_gmt":"2018-04-22T02:50:45","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=13633"},"modified":"2018-04-21T21:50:45","modified_gmt":"2018-04-22T02:50:45","slug":"tennessee-unemployment-rate-remains-near-historic-lows-holds-steady-from-february","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2018\/04\/21\/tennessee-unemployment-rate-remains-near-historic-lows-holds-steady-from-february\/","title":{"rendered":"Tennessee Unemployment Rate Remains Near Historic Lows, Holds Steady From February"},"content":{"rendered":"

\"TennesseeNashville, TN<\/strong> – Tennessee Governor Bill Haslam and Department of Labor and Workforce Development Commissioner Burns Phillips announced the March 2018 statewide unemployment rate for Tennessee remained near historic lows and matched the revised rate from the previous month.<\/p>\n

The preliminary, seasonally adjusted rate for March was 3.4 percent, which mirrored the revised rate for February and was nearly one percentage point less than the March 2017 rate of 4.2 percent.<\/p>\n

\"Tennessee<\/a><\/p>\n

Tennessee\u2019s statewide unemployment rate has remained below 4.0 percent since last May, hitting an all-time low of 3.3 percent last September.<\/p>\n

\u201cThe year-to-year comparison of unemployment rates shows how much progress has been made in creating new jobs in Tennessee,\u201d Haslam said. \u201cBut government doesn\u2019t create jobs \u2013 jobs are created when businesses put capital at risk. That\u2019s why we have worked hard to create an environment in Tennessee where businesses can grow and thrive and we continue to invest in our citizens, creating a skilled workforce that is ready for today\u2019s job demands.\u201d<\/p>\n

The national unemployment rate for March was 4.1 percent, a decrease of 0.4 of a percentage point from the same time last year. It has held steady at 4.1 percent since October 2017.<\/p>\n

Tennessee added 4,900 new nonfarm jobs between February and March. Over the past 12 months, employers across the state created an estimated 49,000 new jobs. The largest increases occurred in the accommodations\/food services, wholesale trade, and transportation\/warehousing\/utilities sectors.<\/p>\n

\u201cEach time a new job is created in Tennessee, the quality of life improves for another family,\u201d Burns said. \u201cThat quality of life is one of the reasons Tennessee is such a desirable place to start or expand a business.\u201d<\/p>\n

The statewide unemployment rate is seasonally adjusted to eliminate the influences of weather, holidays, the opening and closing of schools and other recurring seasonal events from an economic time series.<\/p>\n

Tennesseans looking for employment can access the latest job openings, along with other job interview preparation skills on the state\u2019s workforce website<\/a>.<\/p>\n

A complete analysis of the March 2018 statewide unemployment rate can be found here<\/a>.<\/p>\n

The state will release the March 2018 county unemployment rates on Thursday, April 26th, 2018 at 1:30pm CDT.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nashville, TN – Tennessee Governor Bill Haslam and Department of Labor and Workforce Development Commissioner Burns Phillips announced the March 2018 statewide unemployment rate for Tennessee remained near historic lows and matched the revised rate from the previous month. The preliminary, seasonally adjusted rate for March was 3.4 percent, which mirrored the revised rate for […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[181],"tags":[3359,8032,284,261,11612,3350,2590,3694],"class_list":["post-13633","post","type-post","status-publish","format-standard","hentry","category-government","tag-bill-haslam","tag-burns-phillips","tag-nashville-tn","tag-tennessee","tag-tennessee-department-of-labor-and-workforce","tag-tennessee-governor","tag-tennessee-unemployment-rate","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/13633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/comments?post=13633"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/13633\/revisions"}],"predecessor-version":[{"id":13634,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/13633\/revisions\/13634"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=13633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=13633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=13633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}