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.


Fleet Feet Sports To Open New Chattanooga Store In Mid-October

Fleet Feet Sports   announces the mid-October opening of a new store in Chattanooga. The store will be the brand’s first location in the Chattanooga market and will open in the NorthShore neighborhood at 313 Manufacturers Road.   Running store veteran Steve Carter will operate and manage the store, stepping into the leadership role after serving as general manager ... (click for more)

Atlanta Tech CEO Joins FourBridges Team

FourBridges Capital Advisors Thursday announced that Doug Johns, the current chairman and former CEO of HDJ Wireless Enterprise LLC, an Internet of Things company that operates the Atlanta-based global technology firm NIVIS, has joined the FourBridges team as senior advisor.  Mr. Johns will expand the investment banking firm’s industry focus to include technology and telecommunication ... (click for more)

Trustee To Be Appointed To Oversee Hutcheson Medical Center Bankruptcy With Focus On Sale Of Fort Oglethorpe Hospital

A trustee will be appointed to oversee the bankruptcy case of Hutcheson Medical Center with a focus on getting the financially-strapped Fort Oglethorpe hospital sold. The U.S. Trustee's Office had filed a motion asking that the bankruptcy be dissolved due to the debt rising to $6.3 million since the bankruptcy was filed last November. However, all parties finally agreed it was ... (click for more)

Civic, Political Leader Mai Bell Hurley Dies At 87

Civic and political leader Mai Bell Hurley has died at age 87. She was the first woman to serve on the Chattanooga City Council. Ms. Hurley was also a longtime advocate for the arts and a leader in United Way. She was a leader in Chattanooga Venture that led to the redevelopment of downtown and the riverfront.  She most recently served on the Library Board. ... (click for more)

Does The Signal Mountain Town Council Take Its Constituents As Fools?

You've got to hand it to the Signal Mountain Town Council. In their scheme to change the zoning on Signal Mountain from 1/2 an acre to 1/4 an acre they get more creative by the day in coming up with justifications for doing something a majority of their constituents are squarely against.   They started off by hiding behind a poor widow who had fallen on hard times. She had ... (click for more)

Roy Exum: Every Child Must Watch This

In the course of my day, I read different websites, am sent all kinds of neat videos and I love the jokes I get. But when I logged onto my ever-bulging email account Thursday morning, I happened across the scariest, most terrifying video I have ever watched. There is a website I check called “Atchuup” that boasts “cool stories daily.” Some are pretty good but this one nearly knocked ... (click for more)