US EditionAmid Dismal U.S. Jobs Report, Tennessee Among Top States Seeing Large Unemployment Claims Week-over-Week, Ranking Shows
Connecticut saw the largest rise in unemployment claims, followed by Tennessee and the District of Columbia, amid an overall 3.5% weekly increase in late August, WalletHub reported.
- In recent weeks, Tennessee has seen unemployment claims more than double, with the state's unemployment rate climbing to 3.6% in July. Weakly County reported the highest unemployment level in Tennessee at 8.5%.
- This surge in claims followed a national trend of rising unemployment as U.S. employers added only 22,000 jobs in August while the rate increased from 4.2% to 4.3%.
- Job losses were notable in several sectors this year, with professional and business services shedding 17,000 positions, manufacturing decreasing by 12,000, and construction losing 7,000 jobs, contributing to an overall reduction of 78,000 roles despite layoffs being uncommon.
- Data from the week ending August 30 shows Tennessee filed 5,207 unemployment claims, a 103.09% increase from the prior week, while 16,463 residents received benefits as of August 23.
- Experts warn these trends signal labor market softening and a challenging job environment, raising risks for consumer spending and the broader economy in coming months.
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Tennessee leads nation for increase in unemployment claims, report finds
NASHVILLE, Tenn. (WKRN) — Tennessee has topped a list no one wants to lead. According to a new report by WalletHub, the Volunteer State had the largest increase in the country for the number of unemployment claims filed last week compared to the previous week, with a more than 103% increase. In addition, Tennessee led the nation in its increase in unemployment claims last week compared to the same time last year with 114% more claims filed. It c…
The Tennessean
Amid dismal U.S. jobs report, Tennessee among top states seeing large unemployment claims week-over-week, ranking shows
Tennessee is among the states where unemployment claims grew the most, over a 100% increase, in the last few weeks.
The US has more job seekers than open jobs. These 10 states are seeing the biggest increases in unemployment claims.
Job seekers seeking employment in 2015Bob Riha, Jr./Getty ImagesThere are officially more job seekers than open jobs in the US labor market.Unemployment claims increased by 3.5% week-over-week at the end of August, WalletHub found.Connecticut and Tennessee saw the fastest-growing rates of unemployment claims.If you feel like job opportunities are hard to come by right now, it's not just you.The Bureau of Labor Statistics' latest report on job op…
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