Thursday, July 30, 2009

Unemployment Jumped Again Last Month

Posted By on Thu, Jul 30, 2009 at 1:45 PM

The U.S. Department of Labor Statistics are in, and unemployment rates continued to rise last month. The Nashville-Davidson County-Murfreesboro-Franklin area unemployment rate jumped by nearly 5 percent from June of last year -- that's 7,000 more jobless folks struggling in our midst for a grand total of some 80,000 unemployed last month. There were 5,000 more unemployed in June than there were in May.

If there's a silver lining to any of this -- which there isn't -- it is probably no comfort to know that, when compared to Memphis we are doing slightly better. Very, very slightly.

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