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VOL. 126 | NO. 118 | Friday, June 17, 2011

Tenn. Unemployment Increases in May to 9.7 Percent

AP

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NASHVILLE (AP) – Tennessee's unemployment rate in May increased to 9.7 percent, up 0.1 percent from the April rate.

Commissioner of Labor and Workforce Development Karla Davis said in a news release on Thursday that the slight increase is a result of "significant growth in the labor force" because of optimism in the improving economy.

Says Davis: "Workers are entering the labor force faster than the economy is creating jobs."

According to a survey of businesses, monthly employment increases came in leisure and hospitality, up 5,700 jobs; manufacturing, up 2,000; and mining, logging, and construction, up 1,900 jobs.

Declines occurred in private educational and health services, down 3,100 jobs; government, down 2,000; and professional, scientific and technical services, down 2,000.

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 This material may not be published, broadcast, rewritten or redistributed.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 133 1,342
MORTGAGES 0 131 1,047
FORECLOSURE NOTICES 0 19 170
BUILDING PERMITS 0 277 3,028
BANKRUPTCIES 25 98 716
BUSINESS LICENSES 4 26 302
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0