State Unemployment Rate Decreases One-Tenth Of A Percentage Point

  NASHVILLE – Tennessee Commissioner of Labor & Workforce Development Karla Davis announced today Tennessee’s unemployment rate for October decreased to 8.2 percent, down from the September revised rate of 8.3 percent. The national unemployment rate for October 2012 was 7.9 percent, 0.1 percentage point higher than the September rate.

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Seasonally Adjusted Nonfarm Employment – Business Survey

(Numbers in thousands)

October 2011

Revised

Sept 2012

Preliminary

Oct 2012

Change from Oct 2011 to Oct 2012

Change from Sept 2012 to Oct 2012

Total Nonfarm

2669.3

2686.6

2694.1

24.8

7.5

Mining/logging/construction

112.4

119.1

118.5

6.1

-0.6

Manufacturing

304.7

313.1

313.8

9.1

0.7

Trade/transportation/utilities

554.4

551.4

552.8

-1.6

1.4

Information

43.8

43.5

43.8

0.0

0.3

Financial activities

134.9

132.2

131.9

-3.0

-0.3

Professional/business services

325.0

325.9

328.2

3.2

2.3

Educational services

48.2

47.8

48.6

0.4

0.8

Health care/social assistance

338.7

344.7

346.2

7.5

1.5

Leisure/hospitality

266.2

266.4

269.8

3.6

3.4

Government

439.7

441.2

439.3

-0.4

-1.9