Tennessee Conservative
Following A Slight Rise In The Statewide Unemployment Rate In March, Jobless Statistics Experienced Minor Increases In Most Of Tennessee’s 95 Counties, According To Newly Released Data From The Department Of Labor And Workforce Development.
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In March, Tennessee Employers Had The Most People On Their Payrolls Since The Start Of The Pandemic Over A year Ago. Despite The Increase In Job Creation During The Month, The State Did Experience A Slight Increase In Overall Unemployment.
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The Share Of Tennessee Small Businesses Still Closed Compared To January 2020, Just Prior To The Onset Of The Pandemic, Stands At 24.4 Percent, The Sixth Lowest Percentage Among 45 States Examined.
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Businesses Of All Sizes Have Struggled During The COVID-19 Pandemic, But It Has Been Especially Difficult For Smaller Businesses In Illinois Which Faced Tougher Mitigation Measures Than In Many Other Places.
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The Slight Decrease In Unemployment Rate During January Was Offset By How Few New Jobs Were Created Due To The Prospect Of What An Increased Minimum Wage Would Do To The Country’s Fragile Economy.
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While First-Time Unemployment Rates Nationwide Are At The Highest Level Since September, Tennessee’s Overall Percentage Drops 2 Points, Lower Than The National Average.
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