{"id":17737,"date":"2021-06-20T21:00:26","date_gmt":"2021-06-21T02:00:26","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=17737"},"modified":"2021-06-20T10:13:36","modified_gmt":"2021-06-20T15:13:36","slug":"tennessee-unemployment-rate-remains-steady-as-economy-grows","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2021\/06\/20\/tennessee-unemployment-rate-remains-steady-as-economy-grows\/","title":{"rendered":"Tennessee Unemployment rate remains steady as Economy Grows"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-327830\" title=\"Tennessee Department of Labor and Workforce Development\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2015\/11\/Tennessee-Department-of-Labor-and-Workforce-Development.jpg\" alt=\"Tennessee Department of Labor and Workforce Development\" width=\"250\" height=\"76\">Nashville, TN <\/strong>&#8211; Tennessee\u2019s statewide unemployment rate held steady at 5% between April and May 2021, according to newly released data from the Department of Labor and Workforce Development (TDLWD).<\/p>\n<div id=\"attachment_525133\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2021\/06\/Tennessee-Unemployment-Rate-for-May-2021.jpg\"  class=\"thickbox no_icon\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-525133\" class=\"size-medium wp-image-525133\" title=\"Tennessee Unemployment Rate for May 2021\" src=\"https:\/\/www.clarksvilleonline.com\/wp-content\/uploads\/2021\/06\/Tennessee-Unemployment-Rate-for-May-2021-480x270.jpg\" alt=\"May\u2019s Unemployment Rate Unchanged as Tennesseans Continue Returning to the Workforce.\" width=\"480\" height=\"270\"><\/a><p id=\"caption-attachment-525133\" class=\"wp-caption-text\">May\u2019s Unemployment Rate Unchanged as Tennesseans Continue Returning to the Workforce.<\/p><\/div>\n<p><!--more--><\/p>\n<p>While Tennessee\u2019s unemployment rate did not change in the month-to-month comparison, it was 4.6 percentage points lower than the May 2020 rate.<\/p>\n<p>At that time, many of the state\u2019s employers remained closed due to the COVID-19 Coronavirus health emergency. Just one month after the state recorded its highest unemployment rate in history, 15.8% in April 2020, the economy had already begun to show signs of improvement.<\/p>\n<p>The latest statistics show Tennessee employers added 5,000 jobs between April and May. The largest increases occurred in the professional\/business services, leisure\/hospitality, and financial activities sectors.<\/p>\n<p>When comparing May 2021 to May 2020, nonfarm employment across the state increased by a remarkable 231,500 jobs. The leisure\/hospitality sector created the most jobs during that time. The manufacturing and professional\/business services sectors created the next highest numbers of jobs over the year.<\/p>\n<p>Unemployment also dropped nationally in May to 5.8%, down 0.3 of a percentage point from the previous month\u2019s rate. In the year-to-year comparison, the United States unemployment rate is down 7.5 percentage points from May 2020.<\/p>\n<p>TDLWD produces a complete analysis of the state\u2019s unemployment data, including labor force estimates, which is <a href=\"https:\/\/www.tn.gov\/content\/dam\/tn\/workforce\/documents\/economicanalysis\/EconomicAnalysisMay21.pdf\" title=\"www.tn.gov\/content\/dam\/tn\/workforce\/documents\/economicanalysis\/EconomicAnalysisMay21.pdf\"  target=\"_blank\" rel=\"noopener noreferrer\">available here<\/a>.<\/p>\n<p>Job seekers in Tennessee can find more than 255,000 open positions employers need to fill on the state\u2019s workforce development website, <a href=\"https:\/\/www.jobs4tn.gov\/\" title=\"www.Jobs4TN.gov\"  target=\"_blank\" rel=\"noopener noreferrer\">www.Jobs4TN.gov<\/a>.<\/p>\n<p>The Tennessee Virtual American Job Center (VAJC) at <a href=\"https:\/\/www.tnvirtualajc.com\/\" title=\"www.TNVirtualAJC.com\"  target=\"_blank\" rel=\"noopener noreferrer\">www.TNVirtualAJC.com<\/a> allows Tennesseans to research different programs that can help them remove barriers to employment so they can more easily reenter Tennessee\u2019s workforce. The VAJC allows job seekers to do this on their schedule, anytime, anywhere.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nashville, TN &#8211; Tennessee\u2019s statewide unemployment rate held steady at 5% between April and May 2021, according to newly released data from the Department of Labor and Workforce Development (TDLWD).<\/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":[12675,12712,549,284,261,870,2590,3694],"class_list":["post-17737","post","type-post","status-publish","format-standard","hentry","category-government","tag-coronavirus","tag-covid-19","tag-nashville","tag-nashville-tn","tag-tennessee","tag-tennessee-department-of-labor-and-workforce-development","tag-tennessee-unemployment-rate","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/17737","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=17737"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/17737\/revisions"}],"predecessor-version":[{"id":17738,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/17737\/revisions\/17738"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=17737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=17737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=17737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}