Knoxville, TN Jobs Report
The U.S. economy added back jobs for a sixth straight month in June, with job growth picking up speed alongside the reopening economy. The current unemployment rate is 5.9% which is higher than expected. The confirmed payroll increased 850,000 for the month, which is also higher than anticipated. Average hourly earnings increased to a 3.6% year-over-year rate, up from the 1.9% registered in May, to reach the fastest pace since March.
*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.
BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.