» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 126 | NO. 20 | Monday, January 31, 2011

Tenn. Job Growth Expected, but Not Robust Increase

Print | Front Page | Email this story | Comments ()

CHATTANOOGA (AP) – An economic forecast from the University of Tennessee says the state won't recover all of the jobs it lost during the recession for another three years.

The annual report to the governor by the UT Center for Business and Economic Research says job growth is expected to gain vigor in 2011, but non–farm employment won't fully recover until 2014.

The Chattanooga Times Free Press reports the center's prediction is for 36,000 new jobs during this year, for a 1.3 percent gain.

The jobless rate at the end of the year is still expected to remain above 9 percent. That's more than double the rate of a decade ago.

Information from: Chattanooga Times Free Press, http://www.timesfreepress.com

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 31 327 17,870
MORTGAGES 49 409 20,835
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 129 800 36,616
BANKRUPTCIES 51 243 11,925
BUSINESS LICENSES 21 117 5,677
UTILITY CONNECTIONS 41 215 12,248
MARRIAGE LICENSES 29 121 4,478

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.