Rate Drops Four-Tenths November to December
Significant Drop in Tenn. Unemployment
NASHVILLE, Tenn. (AP) — Tennessee's unemployment rate fell four-tenth to 8.7 percent in December, the lowest rate in three years.
State officials say that just over 11,000 people gained employment last month over November when the rate was 9.1 percent.
From November to December, the professional and business services sector added jobs, as did durable goods manufacturing, and the clothing and accessories sectors.
The sectors that lost jobs include leisure and hospitality, state government educational services, and mining, logging and construction.
It's the lowest rate since December 2008 when the figure was 8.4 percent.
The national unemployment figure for last month was 8.5 percent.