Tennessee Commissioner of Labor & Workforce Development James Neeley announced this week that Tennessee’s unemployment rate for January was 10.7 percent, unchanged from the revised December rate of 10.7 percent. The January rate a year ago was 9.1 percent. The national unemployment rate for January 2010 was 9.7 percent, down from the December rate of 10 percent.
“The state unemployment rate is holding steady for the month of January,” reported Labor Commissioner James Neeley. “While the unemployment rate continues to be high in Tennessee, we did see a slight increase in employment (+3,400), and two of the three largest gains in employment were in the manufacturing industry.”
Comparing January 2009 with January 2010, year-over-year increases occurred in health care and social assistance, up by 6,800, and in state government which gained 1,100. Meanwhile, manufacturing was down 31,800; trade transportation and utilities lost 28,800; and mining and construction decreased by 16,100.
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