Seasonally adjusted initial claims for TN rose in May to 6,009 on a weekly basis, up from 5,598 in April. The May figure is the third consecutive monthly increase, suggesting rising layoff activity. The less-volatile trend also increased in May. Even though initial claims are rising, the level of claims remains very low as compared with the past five years. [graph ]Permits issued for single-family home construction in TN rose sharply in April, climbing to 1,241 units after seasonal adjustment. The April increase follows two months of declining activity. The less volatile trend dropped slightly to 1,238 units. [graph ]Seasonally adjusted nonfarm employment for TN increased 4,500 in April due to gains in education and health services and professional and business services. Over the year, nonfarm employment is up 47,900, but the rate of growth has slowed since Jan.
[graph ]
TN unemployment rate increased again in April, rising to 8.0% in contrast with a falling unemployment rate for the U.S. [graph ]State sales tax collections show little change in April compared with the previous month after seasonal adjustments. Collections are 0.8% lower compared with April 2012. [graph ]
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UT Report: Economy Poised for Strong Growth in 2014 Knoxville News Sentinel , June 5, 2013) Meiwa Industry to Establish First North American Operations in Lewisburg news.tn.go v, June 5, 2013)Pulaski Plant Adds 90 Workers, to Employ 800 by End of 2014 news.tn.go v, June 1, 2013)TVA Suffers Blow, Loses Biggest Customer Times Free Press , May 31, 2013)Van-Rob Automotive Expanding in Manchester Knoxville News Sentinel , May 22, 2013) Gov. Haslam Signs Bill Lowering Sales Tax on Food Knoxville News Sentinel , May 21, 2013) Study: Bonnaroo Has $51M Economic Impact Knoxville News Sentinel , May 20, 2013) Tennessee Jobless Rate Up (Times Free Press , May 17, 2013)Coal Cutbacks: Staff Will Be Cut at Aging TVA Plants Times Free Press , May 14, 2013)Tennessee Improves Small Business Reputation Memphis Business Journal , May 14, 2013)Where Tennessee Exports Wind Up Times Free Press , May 14, 2013)Program Aims to Find Jobs for National Guard Knoxville News Sentinel , May 7, 2013) Tennessee Is the 4th Best State for Business 2013 Chief Executive , May 6, 2013)Site Selection Names Tennessee 1 of 10 Most Competitive States Nashville Business Journal , May 6, 2013)Tennessee Economic Recovery Slows Tennessean , May 2, 2013)Williams Sausage Company to Expand Union City Headquarters news.tn.gov, May 2, 2013)Auto Supplier VIAM to Add 75 jobs in Manchester Tennessean , May 1, 2013)Goodman Expanding Dayton, Tennessee, Plant; Adding 200 Jobs (Times Free Press , April 30, 2013)Team That Helped Laid-Off Workers Being Eliminated Leaf Chronicle , April 30, 2013)Unemployment Drops in Most Tennessee Counties Nashville Business Journal , April 25, 2013)Tennessee Ramps Up Efforts to Increase Exports Tennessean , April 21, 2013)Want to Work at a Coffee Shop? Get a Bachelor's Degree Tennessean , April 21, 2013)125 State Workers Let Go from Jobs Helping People Find Work WPLN , April 19, 2013)Tennessee Jobless Rate Increased to 7.9% (Kinsport Today , April 18, 2013)MTD to Add 225 Jobs at Martin Plant Jackson Sun , April 17, 2013)Athens, Tennessee, Supplier Hiring 200 in Growing Auto Cluster Times Free Press , April 16, 2013)HP Pelzer Plans $28M Auto Parts Factory in Athens (Knoxville News Sentinel , April 15, 2013)Companies Could Lose Tennessee Incentives if Job Promises Not Met Tennessean , April 4, 2013)Average Income Up 4.3% for Tennesseans Nashville Business Journal , April 1, 2013)Unemployment Rate Ticks Up in Tennessee (Tennessean , March 28, 2013)Decatur Co. Selected for Manufacturing Facility Jackson Sun , March 23, 2013)Greeneville Home Sales, Prices Down in February (Home Insider , March 22, 2013)Tennessee Adds More Than 11,000 Jobs in January Memphis Business Journal , March 21, 2013)Tennessee's Hospitality Lures Investors, Japanese Consul-General Says (Tennessean , March 18, 2013)Big Five: Medical Devices Are Top Exports for Tennessee Times Free Press , March 12, 2013)Former Bowater Paper Mill in Calhoun, TN, Idles Last Newsprint Machine (Times Free Press , March 12, 2013)Tennessee Tax Collections Exceed Estimates Memphis Business Journal , March 11, 2013)Jobless Rate Rises in Tennessee Times Free Press , March 8, 2013)$8.2 Billion Spent on Outdoor Recreation, Industry Study Says Tennessean , March 6, 2013)House-Hasson Hardware Co. Market in Sevierville Could Draw Thousands News Sentinel , March 6, 2013)Advocacy Group: TN, Other States Engaging in "Interstate Job Fraud" Tennessean , March 6, 2013)Tennessee Exports Grow to Record Level News Sentinel , March 5, 2013)Housing Permits Hit Five-Year High in Tennessee Tennessean , March 4, 2013)More Than 150,000 Tennesseans Commute at Least 60 Minutes (Tennessean , March 5, 2013)Tennessee Employment Inched Upward in February Memphis Business Journal , March 4, 2013)Home Sales, Prices Up in Greene County; Greeneville Prices Down (Kingsport Trends , February 21, 2013)Tennessee Self-Employment Grew 35% Over Last Decade (Memphis Business Journal , February 15, 2013)Initial Unemployment Claims Down 24% in Tennessee Memphis Business Journal , February 14, 2013)Tennessee Hospitals Group Sees Crisis with Federal Reimbursement Cuts (Tennessean , February 8, 2013)Tennessee Economy Should Be 'Substantially Stronger' in 2014 News Sentinel , February 6, 2013)Greeneville Auto Supplier Adding Production, Jobs (News Sentinel , January 31, 2013)Jobless Numbers Stagnant in Tennessee Times Free Press , January 18, 2013)County Retail Review Released (Columbia Daily Herald , January 17, 2013)Tennessee among Leaders for Homeowners with Paid-Off Mortgages Tennessean , January 14, 2013)Grants Fund Training for Over 800 Nissan Production, Administration Jobs (News Sentinel , January 14, 2013)Tennessee Revenue Collections Up in December Tennessee State website , January 10, 2013)Report Says Tennessee Is a Migration Destination News Sentinel , January 3, 2013)County Unemployment Rates Improve in Tennessee Tennessean , December 27, 2012)Tennessee Ranks 12th for Growth of Construction Jbs Commercial Appeal , December 22, 2012)Tennessee Jobless Rate Falls to 7.6 Percent Tennessean , December 20, 2012)State Funding Board Makes Revenue Projections News Sentinel , December 19, 2012)New General Products Partners Inc. Facility in Lincoln County Tennessee State website , December 18, 2012)Holiday Travel Up across State and Nation News Sentinel , December 18, 2012)Tullahoma Firm Wins Potential $1.4 Billion NASA Contract News Sentinel , December 18, 2012)Which Tennessee Counties Have the Highest Poverty Rate? Times Free Press , December 18, 2012)
Teledyne EMS to Expand Lewisburg Facility Tennessee State website , December 17, 2012)Study Ranks Tennessee 17th in Entrepreneurial Friendliness Tennessean , December 17, 2012)Forbes: Tennessee 24th Best State for Biz News Sentinel , December 12, 2012)Automotive Supplier Expands in Dayton, Tennessee Times Free Press , December 12, 2012)November Revenue Collections in Tennessee Higher Than Last Year Times News , December 10, 2012)
Tennessee Exports Have Mid-State Economist Worried WMOT , December 5, 2012) Report Shows High Unemployment Among Youths Tennessean , December 5, 2012)Tennessee's Top 5 Biggest Exports Times Free Press , December 4, 2012)Survey: IT Employment Outlook Fares Better in South Central Region Memphis Business Journal , November 30, 2012) Tennessee Jobless Rates Improve over Last Year (Tennessean , November 23, 2012)Greeneville October Home Sales, Prices Down Kingsport Trends , November 21, 2012)Biotech Talent Is Hard to Find (Tennessean , November 20, 2012)Tennessee Manufacturing Jobs Up 1% in Past Year Nashville Business Journal , November 19, 2012)Tennessee and Georgia Unemploment Rates Fall in October Times Free Press , November 16, 2012)
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