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Print“Tennessee’s employment change this month is relatively flat with a slight increase in the amount of people reentering the workforce to look for work,” said Commissioner Davis. “Even though the unemployment rate had a slight increase, it is the first increase we have seen since November 2010.”
Economic Summary:
- The April unemployment rate was revised down 0.1 percentage point to 7.7% from 7.8%
- Employment, unemployment, and the labor force increased in May
- Total nonfarm employment decreased 1,700 jobs from April to May
- Over the year we have seen an increase of 39,100 jobs.
|
Seasonally Adjusted Nonfarm Employment – Business Survey |
|||||
|
(Numbers in thousands) |
May 2011 |
Revised Apr. 2012 |
Preliminary May 2012 |
Change from May 2011 to May 2012 |
Change from Apr. 2012 to May 2012 |
|
Total Nonfarm |
2,655.8 |
2,696.6 |
2,694.9 |
39.1 |
-1.7 |
|
Mining/logging/construction |
108.8 |
113.6 |
114.8 |
6.0 |
1.2 |
|
Manufacturing |
304.1 |
311.6 |
311.4 |
7.3 |
-0.2 |
|
Trade/transportation/utilities |
562.1 |
558.6 |
557.9 |
-4.2 |
-0.7 |
|
Information |
44.2 |
44.1 |
43.8 |
-0.4 |
-0.3 |
|
Financial activities |
135.1 |
135.3 |
134.5 |
-0.6 |
-0.8 |
|
Professional/business services |
318.8 |
327.7 |
327.4 |
8.6 |
-0.3 |
|
Education/health services |
382.0 |
389.2 |
390.7 |
8.7 |
1.5 |
|
Leisure/hospitality |
266.6 |
271.9 |
270.0 |
3.4 |
-1.9 |
|
Other services |
101.7 |
102.0 |
101.6 |
-0.1 |
-0.4 |
|
Government |
432.4 |
442.6 |
442.8 |
10.4 |
0.2 |
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