February Unemployment Rate Down Slightly

unemployment3Tennessee’s unemployment rate for the month of February was 6.6 percent, a decrease of one tenth of one percentage point from the January rate of 6.7 percent. That’s according to Tennessee Labor Commissioner Burns Phillips.
The U.S. rate for February was 5.5 percent, down two-tenths of a percentage point from the prior month.
Over the past year, Tennessee’s unemployment rate increased from 6.5 percent to 6.6 percent, while the national rate decreased from 6.7 percent to 5.5.