Unemployment Rate In Tennessee Down In November To 7.6 Percent

Thursday, December 20, 2012

Tennessee Commissioner of Labor & Workforce Development Karla Davis announced Thursday that Tennessee’s unemployment rate for November decreased to 7.6 percent, down from the October revised rate of 8.2 percent. The national unemployment rate for November 2012 was 7.7 percent, 0.2 percentage point lower than the October rate.

Economic Summary:

· Tennessee’s November unemployment rate is the lowest rate since October 2008.

· Over the past year, Tennessee’s unemployment rate has declined from 8.7% to 7.6% (-1.1 percentage point) while the national rate declined from 8.7% to 7.7% (-1.0 percentage point).

· The number of unemployed persons is the lowest since October 2008.

· Total nonfarm employment increased 3,600 jobs from October to November, with increases in trade/transportation/utilities and manufacturing. 

· Total nonfarm employment increased 25,800 jobs from November 2011 to November 2012, with increases in manufacturing and education/health services. Declines occurred in financial activities and wholesale trade.


Chamber's Second Annual Construction Seminar Took Place Today

The Chamber’s Second Annual Construction Seminar took place today and provided training and networking opportunities for construction-related businesses and anyone interested in forging business connections with minority, women and veteran owned businesses, small businesses and HUBZone businesses.  Major employers and prime contractors such as Rentenbach Constructors Incorporated ... (click for more)

New Hamilton County Businesses

Here are the new business licenses from the County Clerk's office: ALL ACCESS CAPTIONS 2124 HAVEN CREST DRIVE CHATTANOOGA, TN 37421   ALL AROUND MAINTENANCE 5209 TENNESSEE AVENUE CHATTANOOGA, TN 37409   BEAUTIFUL MORNING CLEANING SERVICE 7510 AUSTIN DRIVE APT B CHATTNOOGA, TN 37416   BEAUTY KORNER 3402 CLIO AVENUE CHATTANOOGA, TN 37407 ... (click for more)

Erlanger Refinancing To Provide Cash For New Children's/Women's Hospital, $50 Million Erlanger East Expansion, $8.5 Million Surgical Improvements

Erlanger Health System officials said an overhaul of the hospital's debt will include $70 million in new loans for several major hospital projects - including $11.5 million toward a new $30 million Children's/Women's Hospital. The overall cost of the latter facility is $30 million, but the hospital is seeking significant outside gifts and support. It will also pay for a $50 million ... (click for more)

Legendary Radio Broadcaster Luther Dies At 92 After Record 74 Years On The Air; Funeral Will Be Thursday At 2 PM At Engel Stadium

Legendary radio broadcaster Luther Masingill died early Monday morning at Memorial Hospital surrounded by family and friends. He was 92 and had been on the air for a record 74 years. Funeral services will be held on Thursday at Historic Engel Stadium, 1130 E 3rd St., at 2 p.m. with Pastor Todd McElyea officiating.   Honorary pallbearers will be the staff at ... (click for more)

Chattanooga Has Lost Its Most Popular Citizen - Luther Masingill

Chattanooga has lost its most popular citizen – Luther Masingill. Although we are saddened we cherish the memories.  All of us have a Luther story.  Mine is the first time I met Luther.  This was before TV and all of Chattanooga listened to Luther on the radio.  I was 12-years-old.  Some of my buddies and I had gone to the State Theater in downtown ... (click for more)

Roy Exum: UT Ain’t Heard Nothing Yet!

Just moments before Florida would seal a football 10-9 victory over Tennessee in early October, the student section in Neyland Stadium stooped to a new low when it vociferously chanted, “F*** you, Florida! F*** you, Florida!” It was shocking, a loud and vulgar display of all that sportsmanship isn’t, and served as a great embarrassment to Knoxville and the university. Jimmy Cheek, ... (click for more)