tennessee unemployment rate may 2020Blog

tennessee unemployment rate may 2020

In May, the seasonally adjusted jobless rate decreased to … NASHVILLE, TN (WLAF) – Tennessee’s statewide unemployment rate for May 2020 dropped by 4.2 percentage points from the record high set in April, according to data released by the Tennessee Department of Labor and Workforce Development. The new preliminary rate of 11.3% is down from the revised April rate of 15.5%.Nationwide, unemployment decreased to 13.3% in May, down from the 14.7% rate recorded the month before.Unlike the statewide rate, county unemployment rates are not seasonally adjusted.A complete analysis of Tennessee’s May 2020 county unemployment data is available The state of Tennessee will release the statewide unemployment rate for June 2020 Thursday, July 16, 2020, at 1:30 p.m. CT.

During the week of May … Fifty-three counties, more than half of the counties in the state, had rates greater than 10%, but less than 20%.Weakley County had Tennessee’s lowest unemployment rate in May.

In May, the seasonally adjusted jobless rate decreased to 11.3%.

The national preliminary unemployment rate for the United States decreased in May to 13.3%, down 1.4 percentage points from April’s rate.You can find a complete analysis of Tennessee’s May unemployment data Currently, there are more than 166,000 job openings posted on the state’s workforce development website, The state of Tennessee will release the May 2020 county unemployment rates at 1:30 p.m. CT Thursday, June 25, 2020. Tennessee lost 265,800 jobs between May 2019 and May 2020.

As the number of unemployment claims has steadied in recent months, the state’s unemployment rate has gone down. Additional data changed Tennessee’s preliminary rate for April from 14.7% to …
The impact of the COVID-19 closures impacted the leisure/hospitality sector the most, followed by the manufacturing and professional/business services sectors.Since March, Tennessee has experienced a historic surge in unemployment due to businesses closing to help slow the spread of COVID-19. In May, the seasonally adjusted jobless rate decreased to 11.3%. NASHVILLE – Tennessee’s statewide unemployment rate for May 2020 dropped by 4.2 percentage points from the record high set in April, according to data released by the Tennessee Department of Labor and Workforce Development.. For the week ending June 13, the state paid just over 300,000 people unemployment benefits, totaling more than $291 million for the week.Across the country, unemployment did not decline as much as it did in Tennessee.

NASHVILLE – Tennessee’s statewide unemployment rate for May 2020 dropped by 4.2 percentage points from the record high set in April, according to data released by the Tennessee Department of Labor and Workforce Development.
The unemployment rate in Tennessee peaked in April 2020 at 15.5% and is now 5.8 percentage points lower.

Knoxville had the most significant decrease with its rate changing from 14.7% in April to 10% in May. Nationwide, unemployment decreased to 13.3% in May, down from the 14.7% rate recorded the month before.

Memphis recorded a rate of 13.2%, down 1.3 percentage points from April’s rate.The statewide unemployment statistic from May also decreased significantly. Unemployment declines as Tennesseans Return to Work Following COVID-19 Closures The number of unemployment weekly claims Tennessee has received since May 9 have all been under 30,000.

Marshall County had the third-highest rate for the month with a rate of 17.5%, a decrease of 6.6 percentage points from the previous month’s rate.May unemployment numbers dropped in each of Tennessee’s three largest cities.

Find COVID-19 Information and Resources According to the BLS current population survey (CPS), the unemployment rate for Tennessee fell 1.3 percentage points in June 2020 to 9.7%.The state unemployment rate was 1.4 percentage points lower than the national rate for the month. Tennessee Unemployment. A complete analysis of Tennessee’s May 2020 county unemployment data is available here. Leisure/hospitality, manufacturing, and other services sectors had the biggest month-to-month increases.While the state gained new jobs in May, there was a significant drop in the year-to-year comparison of job numbers. All 95 of Tennessee’s counties had lower unemployment rates in May, compared to the number of individuals who could not work in April when many businesses closed in order to help slow the spread of COVID-19.Even with marked improvement, 42 counties had unemployment rates greater than 5%, but less than 10%.

Find COVID-19 Information and Resources Unlike the statewide rate, county unemployment rates are not seasonally adjusted.

The Tennessee Department of Labor & Workforce Development reported Thursday that the preliminary seasonally adjusted unemployment rate for May was 11.3%. There have been 532,580 new unemployment claims filed in the state of Tennessee between March 15 and May 16, according to the department. Williamson County’s unemployment rate was the third-lowest statewide.

June 21, 2020 | Nashville, TN – Tennessee’s statewide unemployment rate for May 2020 dropped by 4.2 percentage points from the record high set in … May county unemployment rates experience substantial decreases as State slowly reopens

TDLWD data shows that 740,123 Tennesseans have asked the government for assistance since March 15.

The county’s new rate of 7% is 2.5 percentage points lower than it was in April.Fentress County had the second-lowest figure in May at 7.1%, down from 9.9% the month before.

Still, the county’s new rate of 18.5% is a staggering drop of 10.6 percentage points from April’s record high of 29.1%.At 17.6%, Warren County recorded the second-highest unemployment rate in May, down 7.5 percentage points from April’s rate.

In May, the seasonally adjusted jobless rate decreased to 11.3%.Additional data changed Tennessee’s preliminary rate for April from 14.7% to 15.5%, which is now the state’s highest unemployment rate on record.Before the COVID-19 pandemic impacted Tennessee’s economy, the state’s previous record-setting unemployment rate was 12.9% in January 1983.Tennessee employers added 93,900 nonfarm jobs between April and May.

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