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Slight Rise in State Unemployment Rate

Tennessee’s May 2018 statewide unemployment rate of 3.5 percent marked the 11th consecutive month the figure has been 3.5 percent or lower. While the May unemployment rate represents a slight uptick of 0.1 of a percentage point compared to the April rate of 3.4 percent, year-to-year, it is 0.3 of a percentage point lower than it was in May 2017. Nationally, unemployment dropped for the second consecutive month. The United States unemployment rate for May was 3.8 percent, down 0.1 of a percentage point from the previous month. In May 2017, the national unemployment rate was half a percentage point higher at 4.3 percent.
Unemployment numbers for Coffee County will be released later this week.