What Is The Unemployment Rate In Knoxville Tn?

Knoxville, TN

Data Series Jan 2022 Mar 2022
Unemployment Rate(2) 3.0 2.6
Nonfarm Wage and Salary Employment
Total Nonfarm(3) 411.9 421.3
12-month % change 3.7 4.4

What is the unemployment rate in Tennessee right now?

Tennessee Unemployment Rate is at 3.30%, compared to 3.30% last month and 4.40% last year.

Is Knoxville a growing city?

Knoxville Population Growth
Today, Knoxville is among the ten fastest-growing U.S. cities with the best employment outlook in the country. Knoxville also has a low cost of living that is 80% of the national average along with low crime, which is attracting young college graduates.

How is the job market in Knoxville Tennessee?

Knoxville has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%. – The Sales Tax Rate for Knoxville is 9.3%. The US average is 7.3%.

Does Knoxville have a good job market?

A new report claims Knoxville is among the best cities this year to get a job. WalletHub released its “2021′s Best Cities for Jobs” report, which details cities across the country and their job prospects. Knoxville comes in at 30th on the list, but is in the top 15 for “job market,” overall.

How many job openings are there in Tennessee?

As of the end of November 2021, the most recent month of available data, there were 10.6 million open jobs in the United States, a 56% increase from one year ago. In Tennessee, an estimated 232,000 jobs remain unfilled, up 60.0% from the same period last year and equal to 6.9% of all jobs in the state.

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How long do you have to work to get unemployment in TN?

To be eligible for this benefit program, you must a resident of Tennessee and meet all of the following: Unemployed, and. Worked in Tennessee during the past 12 months (this period may be longer in some cases), and. Earned a minimum amount of wages determined by Tennessee guidelines, and.

What is the minimum wage in Knoxville TN?

$7.25 per hour
Tennessee Minimum Wage for 2021, 2022. Tennessee’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate. The minimum wage applies to most employees in Tennessee, with limited exceptions including tipped employees, some student workers, and other exempt occupations.

What is the main industry in Knoxville TN?

The largest industries in Knoxville, TN are Retail Trade (13,941 people), Health Care & Social Assistance (13,087 people), and Educational Services (10,990 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($95,577), Management of Companies & Enterprises ($71,875), and Utilities

Is Knoxville overpopulated?

Metro Knoxville vs.
64 most populated U.S. metro area. However, the city population for 2016 was estimated at 186,239, which ranked it as No. 129 among U.S. city populations. That means that for each person who lives within the city limits, there are more than three who live in the metro area outside of the city.

What is the most common job in Tennessee?

If you look at Tennessee, you’ll notice that the state’s most common job for a majority of that time period was — surprise, surprise — truck driving.

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What is a good paying job in Tennessee?

High Pay jobs in Tennessee

  • SPORTS MINDED* Commercial Sales Consultant-Entry Level Account Manager.
  • Warehouse Worker.
  • Manufacturing Technician.
  • Spare Hand 072022.
  • LOGISTICS COORDINATOR NEEDED.
  • Billing & Technical Customer Service Advisor, Remote.
  • Warehouse Unloader.
  • Recent Grad looking to get into Medical Sales.

Where are the most jobs in Tennessee?

Detailed List Of The Hottest Job Markets In Tennessee

Rank Place Unemployment Rate
1 Brentwood 2.76%
2 Spring Hill 3.01%
3 Goodlettsville 5.4%
4 Arlington 2.1%

What is the average household income in Knoxville TN?

Table

Population
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 22.3
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $59,250

What is the unemployment rate in Nashville Tennessee?

Nashville-Davidson–Murfreesboro–Franklin, TN

Data Series Dec 2021 May 2022
Unemployment Rate(3) (2)2.5 (p)2.8
Nonfarm Wage and Salary Employment
Total Nonfarm(4) 1,096.3 (p)1,110.8
12-month % change 5.1 (p)6.7

What is the job market like in Chattanooga TN?

Job Growth in Chattanooga has been positive. – Chattanooga has 0.9% less unemployment than Knoxville. – Chattanooga job growth has increased by 8.4% in the past 10 years.

What’s the job market like in Tennessee?

Job Market

Nashville-Davidson, TN United States
Future Job Growth 48.3% 33.5%
Recent Job Growth -5.8% -6.2%
3 Yr. Job Growth -0.9% -3.6%
5 Yr. Job Growth 5.9% -0.7%

What is the economy like in Tennessee?

Economic statistics
As of 2020, Tennessee had a gross state product of $364.5 billion. In 2019, the state’s per capita personal income was $29,859. The median household income was $53,320. About 13.9% percent of the population was below the poverty line.

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Is Tennessee Pua still available?

Claimants currently eligible for unemployment through the federal Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) programs will continue to receive benefits through the week ending July 3, 2021.

What disqualifies you from unemployment in Tennessee?

If you quit your job, you won’t be eligible for unemployment benefits unless you had good cause for quitting. Whether you had good cause is determined by the TDLWD on a case-by-case basis.

Can I collect unemployment if I quit?

If you quit your job without “good cause connected with the work” you may not be eligible to receive benefits. “Good cause connected with the work” means that your reason for leaving must be directly related to your job, and be so compelling that you had no choice but to leave the job.