Following the national trend, Tennessee's unemployment rate fell again in April because fewer people are actually looking for work.
“While Tennessee’s unemployment rate has declined for nine consecutive months, April’s decrease is mostly attributable to a shrinking labor force,” Karla Davis, commissioner of the Tennessee Department of Labor and Workforce Development, said in a prepared statement. “This is similar to the monthly change that occurred on the national level.”
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Tennessee’s unemployment rate for April fell to 7.8 percent, down from the March revised rate of 7.9 percent.
The national unemployment rate for April 2012 was 8.1 percent, 0.1 percentage point lower than the March rate.
The new rate, announced Thursday, is the state's lowest unemployment rate since November 2008.
Earlier this month, leaders announced that the national unemployment rate fell slightly—the lowest level since 2009—but the 115,000 jobs added were underwhelming, analysts said.
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