State jobless rate in August rises to 8.5%

State jobless rate in August rises to 8.5%

Posted: Updated:

NASHVILLE (AP) - Tennessee's unemployment rate rose slightly in August to 8.5 percent, the fourth consecutive month there has been an increase.

Labor and Workforce Development Commissioner Karla Davis said Thursday that the increase is one-tenth of a percentage point more than the 8.4 percent for the previous month.

The national unemployment rate was 8.1 percent, two-tenths of a point lower than the July rate.

In Tennessee, total nonfarm employment decreased by 5,100 jobs from July to August. There were also declines in local government, durable goods manufacturing and trade/transportation/utilities.

There were increases in mining/logging/construction, accommodation/food services, and professional/business services.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow

1306 N. Broadway NE Knoxville,
Tennessee 37917

Telephone: 865.637.NEWS(6397)
Fax: 865.525.4091

Can’t find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Young Broadcasting of Knoxville, Inc. A Media General Company.