Attracting new jobs to Tennessee in 2020 has cost taxpayers 25% more in FastTrack economic incentive grants than last year, according to data from the Tennessee Department of Economic and Community Development (TNECD).
The TNECD has spent an average of $5,448 this year for each new job commitment incentivized by a FastTrack grant. Rural job recruitment proved particularly costly. On average, the state provided $9,765 in FastTrack grants per rural job – more than three times last year’s average. Read More
Tennessee saw 25,794 more people file unemployment benefits last week as the coronavirus continues to impact the state’s economy, according to the Tennessee Department of Labor and Workforce Development (TDLWD).
The jobless claims for the week ending July 18 increased slightly from the 22,431 claims from the previous week. Read More
Tennessee distributed unemployment benefits to more than 290,000 people last week as the number of jobless workers remains high due to the new coronavirus outbreak.
The Tennessee Department of Labor & Workforce Development reported Thursday that more than 21,000 people filed new claims for unemployment benefits during the week that ended last Saturday. Read More
Tennessee’s jobless rate in May fell in comparison with a record increase the month before, as more than 300,000 people continued to receive unemployment payouts during the new coronavirus outbreak, state officials said Thursday.
The Tennessee Department of Labor & Workforce Development reported Thursday that the preliminary seasonally adjusted unemployment rate for May was 11.3%. That’s a drop of 4.2 percentage points from April, when Tennessee reached its highest monthly unemployment rate ever, at 15.5%. Read More
Tennessee delivered unemployment payments to more than 314,000 people last week, as the number of new jobless claims continued to run much higher than normal during the response to the new coronavirus outbreak.
Stay-at-home orders from Gov. Bill Lee and city and county officials in mid-March led to business closures and hundreds of thousands of layoffs, as officials scrambled to stem the rise of COVID-19. Read More
Live from Music Row Tuesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – Leahy was joined on the line during the program’s second hour by Tennessee state Senator Kerry Roberts. Read More
Despite Tennessee ranking as one of the best states in the United States for business, the migration of Volunteer State jobs overseas has remained a closely watched issue Read More