Tennessee unemployment falls to 8.7 percent - WRCBtv.com | Chattanooga News, Weather & Sports

Tennessee unemployment falls to 8.7 percent

Posted: Updated:
CHATTANOOGA -

(WRCB) -  The state labor department says the unemployment rate for Tennessee fell in December.

Tennessee Commissioner of Labor & Workforce Development Karla Davis announced today Tennessee's unemployment rate for December fell to 8.7 percent, down from the November revised rate of 9.1.

The national unemployment rate for December 2011 was 8.5 percent, a decrease of 0.2 percentage point from the November rate.

"This is the lowest unemployment rate Tennessee has experienced since December 2008 when the rate was 8.4 percent," Commissioner Davis said. "The drop in Tennessee's rate is largely due to a notable increase of 11,200 employed persons from November to December."

UT Economist Bill Fox states the Tennessee rate parallels the national picture. "The drop in Tennessee's unemployment rate mirrors what is happening nationally, but Tennessee has had much stronger employment growth."

  • NewsMore>>

  • Summertime car deals: Should you lease or buy?

    Summertime car deals: Should you lease or buy?

    Friday, July 25 2014 3:19 PM EDT2014-07-25 19:19:08 GMT
    Leasing may be the right option for some, but others may not qualify because of credit, income or other requirements. Since buying a vehicle is often the second-largest purchase a consumer makes after buying a home, it's important for consumers know what they're getting.More
    Leasing may be the right option for some, but others may not qualify because of credit, income or other requirements. Since buying a vehicle is often the second-largest purchase a consumer makes after buying a home, it's important for consumers know what they're getting.More
  • Working Together For You

    Erlanger board approves budget

    Erlanger board approves budget

    Friday, July 25 2014 2:00 PM EDT2014-07-25 18:00:29 GMT
    Erlanger Health System trustees passed what the hospital CEO is calling an “aggressive” budget for the upcoming year, which includes a 2.2 percent increase in patients.More
    Erlanger Health System trustees passed what the hospital CEO is calling an “aggressive” budget for the upcoming year, which includes a 2.2 percent increase in patients.More
  • Feds Propose Rule for Captioning Services at the Movies

    Feds Propose Rule for Captioning Services at the Movies

    Friday, July 25 2014 1:55 PM EDT2014-07-25 17:55:07 GMT
    The Justice Department is proposing a new federal rule that would require most movie theaters to provide closed captioning and audio description services for people with hearing and vision disabilities.More
    The Justice Department is proposing a new federal rule that would require most movie theaters to provide closed captioning and audio description services for people with hearing and vision disabilities.More
Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.