{"id":16180,"date":"2020-05-21T16:17:53","date_gmt":"2020-05-21T21:17:53","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=16180"},"modified":"2020-05-21T14:30:49","modified_gmt":"2020-05-21T19:30:49","slug":"tennessee-unemployment-climbs-staggering-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2020\/05\/21\/tennessee-unemployment-climbs-staggering-due-to-covid-19\/","title":{"rendered":"Tennessee Unemployment climbs staggering due to COVID-19"},"content":{"rendered":"

\"TennesseeNashville, TN <\/strong>– Newly released data from the Tennessee Department of Labor and Workforce Development revealed the state\u2019s highest-ever unemployment rate amid the COVID-19 health emergency.<\/p>\n

The preliminary seasonally adjusted statewide unemployment rate for April 2020 is 14.7%, which is an unprecedented spike of 11.4 percentage points when compared to March\u2019s revised rate of 3.3%.<\/p>\n

\"Tennessee<\/a>

Tennessee Unemployment Rate more than Quadruples during Height of COVID-19 Coronavirus Pandemic.<\/p><\/div>\n

<\/p>\n

This is Tennessee\u2019s highest unemployment rate in a generation. Before the pandemic, the state\u2019s all-time highest seasonally adjusted rate was 12.9%, which occurred in back to back months in December 1982 and January 1983.<\/p>\n

Total nonfarm employment in Tennessee decreased by 376,900 jobs between March and April. The largest decreases occurred in leisure\/hospitality, manufacturing, and professional\/business services sectors.<\/p>\n

Over the last 12 months, nonfarm employment decreased by 341,000 jobs. Like the month-to-month data, the largest decreases for the year occurred in the leisure\/ hospitality, manufacturing, and professional\/business services sectors.<\/p>\n

Since March 15, Tennessee has seen an unprecedented surge in unemployment claims filed. During the week ending May 16th, the state paid more than 319,000 claimants nearly $359 million in unemployment benefits.<\/p>\n

Nationally, seasonally adjusted unemployment experienced a similar spike as in Tennessee. The April 2020 rate for the United States is 14.7%. That figure represents a 10.3 percentage point increase from the previous month\u2019s rate.<\/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

You can find a complete analysis of Tennessee\u2019s April 2020 unemployment data here<\/a>.<\/p>\n

Tennesseans searching from new employment can find more than 150,000 current job openings on the state\u2019s workforce development website, www.Jobs4TN.gov<\/a>. The site also has information about job retraining opportunities, interviews, and resume techniques, as well as local job data.<\/p>\n

The state of Tennessee will release the April 2020 county unemployment rates Thursday, May 28th, 2020, at 1:30pm CT.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nashville, TN – Newly released data from the Tennessee Department of Labor and Workforce Development revealed the state\u2019s highest-ever unemployment rate amid the COVID-19 health emergency. The preliminary seasonally adjusted statewide unemployment rate for April 2020 is 14.7%, which is an unprecedented spike of 11.4 percentage points when compared to March\u2019s revised rate of 3.3%.<\/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":[12675,12712,549,284,12734,261,870,5303,2590,3694],"class_list":["post-16180","post","type-post","status-publish","format-standard","hentry","category-government","tag-coronavirus","tag-covid-19","tag-nashville","tag-nashville-tn","tag-pandemic","tag-tennessee","tag-tennessee-department-of-labor-and-workforce-development","tag-tennessee-unemployment","tag-tennessee-unemployment-rate","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16180","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=16180"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16180\/revisions"}],"predecessor-version":[{"id":16181,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16180\/revisions\/16181"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=16180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=16180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=16180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}