Tennessee Records Third Straight Month of Record- Low Unemployment Rate

3.3 Percent Marks a New Seasonally Adjusted Record for Statewide Rate

NASHVILLE, Tenn. – Tennessee Department of Labor and Workforce Development (TDLWD) Commissioner Burns Phillips announces a preliminary unemployment rate of 3.3 percent for August, declining one-tenth of a percent from the previous month. This marks an all-time low for the statewide unemploy-ment rate and August is the seventh consecutive month Tennessee has seen a decline in the statistic.

“To see the unemploy-ment rate decrease nearly every month in 2017 is a positive sign,” said Commissioner Phillips.‚  “It shows we are experiencing growth in the state and that the Governor’s programs aimed at spurring that growth are working.”

Read the rest of the story in this week Fentress Courier.