April jobless rate shows slight decrease

April jobless rate shows slight decrease

By: The Associated Press

The Messenger 05.19.08

NASHVILLE (AP) — Tennessee’s unemployment rate for April was 5.4 percent, down 0.1 percent from the March revised rate of 5.5 percent, the state Department of Labor and Work Force Development announced Thursday.
The national unemployment rate for April was 5.0 percent, down from the March national rate of 5.1 percent.
Commissioner James Neeley said the jobless rates matches national trends.
He said during the past month the state has “seen an increase in the leisure and hospitality industry, which is typical this time of year.”
Since April 2007 the state has seen considerable losses in manufacturing but experienced some gains in educational and health services.
From March to April, leisure and hospitality employment increased by 5,300 jobs; professional and business services increased by 1,700 jobs and construction, natural resources and mining increased by 1,600.
Local government educational services jobs decreased by 1,300, manufacturing lost 1,200 jobs and retail trade lost 1,000 jobs.
From April 2007 to April 2008, educational and health services jobs gained by 8,700. Local government employment increased by 2,100 and accommodation and food service jobs were up by 2,000.
For the year, manufacturing lost 10,700 jobs and financial activities employment lost 1,200 jobs.
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On the Net:
Department of Labor and Workforce Development: http://www.tennessee.gov/labor-wfd/

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