NASHVILLE, Tenn. (AP/WMOT) — Good news on the jobs front as Tennessee’s March unemployment rate dipped just below 8 percent.
Jeff Hentschell with the Tennessee Department of Labor says the rate fell a tenth of a point to 7.9 percent. It was the eighth straight month of decline, and the rate is at its lowest level since November 2008.
Hentschell says Tennessee’s unemployment numbers are getting a boost from two surprising sectors.
Tennessee lost more than 56 hundred manufacturing jobs over the past year, and that’s actually good news. The state lost four times that number of industrial jobs in the previous year.
The business directory, the Tennessee Manufacturers Register, says the state lost about 1.5 percent of its manufacturing jobs. The register says Tennessee is now home to just over 7200 manufacturers employing right at 375,ooo thousand workers.