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State jobless rate drops, local rates tick up

23 December 2017

The state unemployment rate reached 3 percent in both September and October, its lowest level since the federal government began tracking the statistic in 1976.

The nationwide jobless rate held steady last month at 4.1 percent.

The number of unemployed for November was 50,127, up 536 when compared with October but down 3,041 when compared with November 2016.

The November unemployment rate is three-tenths of a percentage point lower than November of past year. This time in 2016 the rate stood at 6.2 percent.

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Tennessee first marked a historic low unemployment rate in June at 3.6 percent, which was bested by the July rate of 3.4 percent, and then fell even lower in August to 3.3 percent.

The Amarillo unemployment rate remains one of the lowest in the state, according to Texas Comptroller's report.

Total nonfarm employment in Tennessee grew by 1,800 jobs in November.

Nationally, unemployment rates for November were down in eight states, higher in two states and flat in 40 states and the District of Columbia.

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"Private-sector employers added 52,000 jobs in November and have accounted for the addition of 294,600 positions in Texas over the past year", said TWC Commissioner Representing Employers Ruth R. Hughs. The state's leisure and hospitality industry saw the biggest gains between October and November.

He said that while the state's labor force declined in October and November, it has been increasing during the year so overall the state's unemployment situation is still solid.

Hawaii reported the lowest seasonally adjusted unemployment rate at 2 percent.

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State jobless rate drops, local rates tick up