Tennessee’s top labor economists are having a hard time explaining what’s going on with the state’s unemployment rate. It continues to rise even as the number of people filing for unemployment benefits drops.
August Makes Four Months of Rising Unemployment
Unemployment in Tennessee inched up for the fourth month in a row. The rate for August released Thursday was 8.5 percent. Tennessee is moving the opposite direction of the national jobless rate, which dropped to 8.1 percent last month.