Tennessee Hits Record Low 3.1% Unemployment Rate
The 0.1 Percentage Point Drop From June Made The Seasonally Adjusted Rate The Lowest In Tennessee Since The Statistic Began Being Tracked By The Federal Government In 1976.
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Jobs
Yellow Trucking Company Files For Bankruptcy After Receiving $700 Million In Taxpayer Dollars
A Major U.S. Trucking Company Called Yellow Corp That Received $700 Million In Taxpayer Funds During The Pandemic Has Now Declared Bankruptcy, Leaving Taxpayers On The Hook And Likely Spiking Prices On A Range Of Goods. The Nashville-Based Company Filed For Bankruptcy Sunday, Which Cost 30,000 Jobs.
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Tennessee Matches All-Time Low Of 3.2% Unemployment Rate
Tennessee Reached An All-Time Low Of 3.2% Unemployment In June, Matching The 3.2% Mark Set In June 2022.
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Multi-Billion Dollar Corporations Get Billions More In Taxpayer Dollars For Doing Business In Tennessee
Companies Worth Many Billions Of Dollars Are Set To Receive Billions More In Grants And Loans For Doing Business In Tennessee. FedEx Will Get A $2 Million Grant, And Ford Motor Company Has Been Conditionally Approved For A $9.2 Billion Loan.
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Electric Vehicle Industry Expands In Tennessee
Dongwha Electrolyte, 6K Energy, Tritium, And Ultium Have All Recently Released Plans To Increase Business With The State, Working Alongside Car Manufacturers Nissan, GM, And Ford To Increase The Production Of Electric Vehicles.
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Tennessee Added 75K Jobs Over Past Year
Tennessee Added 75,000 Jobs Over The Past Year, According To The State’s Most Recent Employment Report. The Largest Number Of Those Jobs Came In The Education And Health Services Category With Leisure And Hospitality Ranking Second And Government Jobs Ranking Third.
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Small Businesses Struggle To Fill Job Openings, Report Finds
A Newly Released Survey Of Small Businesses Shows That Nearly Half Are Having Trouble Filling Job Openings.
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‘Crisis:’ Small Businesses Struggle With Inflation, Labor Market
Small Business Week Came And Went Last Week, And Small Businesses Took The Opportunity To Raise A Range Of Concerns About The Economy And Their Future.
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Small Businesses Concerned About Labor Market, New Taxes
Newly Released Small Business Survey Data Shows That Those Businesses Cite The Labor Market As Their Top Concern Along With Tax Increases In A Time When They Are Already Struggling To Deal With Elevated Inflation.
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Amazon Pauses On Construction Of Office Complex In Downtown Nashville
Amazon Is Putting A Hold On The Construction Of Their Planned Office Hub In Downtown Nashville, Saying They Are “Focused On Reimagining Work Areas.” Tennessee Residents Continue To Lose Faith In The Company As They Continue To Fail To Keep The Many Promises They Have Made To The People Of This State, All While Continuing To Take Taxpayer Funding For Their Planned Projects.
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