- Seasonally adjusted initial claims for Tennessee fell dramatically in February, down 10% from the previous month, falling to 5,210 weekly claims on average for the month, the lowest level of monthly claims since at least 1990. This puts downward pressure on the future unemployment rate.
- Tennessee unemployment rate for January 2013 is about the same at 7.7% compared with 7.6% in December and 7.7% in November.
- Seasonally adjusted nonfarm employment for Tennessee gained 7,000 jobs from December and 55,000 jobs over the year, a 12-month gain of 2.1%. Durable goods manufacturing and professional and business services showed particularly high job growth.
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