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Last year, Tennessee added 63,000 more residents than it lost, pushing up the cost of housing and other services. Its 3.3% unemployment rate, below the nation’s 3.8%, has increased wages and the ...
The best study of the inflation-unemployment trade-off finds that an increase in unemployment would reduce inflation by about one-third of 1%. Most other studies are in this ballpark.
There are many domestic factors affecting the U.S. labor force and employment levels. These include: economic growth; cyclical and structural factors; demographics; education and training; innovation; labor unions; and industry consolidation [2] In addition to macroeconomic and individual firm-related factors, there are individual-related factors that influence the risk of unemployment.
Today, Tennessee ranks seventh overall in the nation in cotton production, most of which is still grown in the western part of the state. [20] Tennessee has been one of the top tobacco-producing states for most of its history, which is predominantly grown in the Ridge-and-Valley region of East Tennessee, and still ranks fourth nationwide. [21]
The best study of the inflation-unemployment trade-off finds that an increase in unemployment would reduce inflation by about a third of a percent. Most other studies are in this ballpark.
(The Center Square) – Tennessee's unemployment rate is up slightly, but 91 of 94 counties still have a rate of less than 5%, according to the Tennessee Department of Labor and Workforce Development.
Inflation rates among members of the International Monetary Fund in April 2024 UK and US monthly inflation rates from January 1989 [1] [2] In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI).
Here's a look at how weekly unemployment claims changed in Tennessee last week compared with the week prior.