February Unemployment

Tennessee Commissioner of Labor & Workforce Development Karla Davis announced today Tennessee’s unemployment rate for February fell to 8.0 percent, down from the January revised rate of 8.2 percent. The national unemployment rate for February 2012 was 8.3 percent.
Commissioner Davis said the state experienced a net increase of approximately 4,800 jobs in February. Commissioner Davis added while it is a small change in the job picture, Tennessee’s unemployment rate is the lowest since November 2008.” UT Economist Bill Fox said the business survey data shows strong year-over-year growth with an increase of more than 50,000 jobs.
In January Maury County’s unemployment rate was 10.6% down from a year ago when it was 14.1%. January figures show Columbia with a 11.5% rate and Spring Hill, 7.2%.

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