Tennessee's Unemployment Rate Inches Downward
(NASHVILLE, Tenn.) -- Tennessee's unemployment rate is headed downward, a result of fewer people in the state looking for jobs, according to the Tennessee Department of Labor & Workforce Development.
The department says that in October the unemployment rate stood at 9 .6 percent, down from 9.8 percent in September.
"The drop in the unemployment rate from September to October is attributable to an increase in employment and fewer people looking for jobs," Labor & Workforce Development Commissioner Karla Davis said in a statement.
The national unemployment rate for October stood at nine percent, representing a slight decline from the previous month's figure of 9.1 percent.
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