Among the many crises precipitated by the COVID-19 pandemic, the economic collapse and the resultant massive unemployment are uppermost among the public's minds. The unemployment rate soared to 14.7% in May 2020 from below 3% in December 2019. As jobs have been a much-discussed issue even before the pandemic struck, everyone is wondering what the unemployment rate does not tell you. .... Read more »
January saw the total nonfarm payroll rise by 225,000, which is a notable increase as compared to last month. However, there was a very slight change in the unemployment rate, which currently stands at 3.6%. The unemployment rate for December was 3.5% respectively.
Tennessee was the 16th state in 1796 and is today bordered by eight states and the Mississippi River. Also known as the Volunteer State, it is home to over 6.6 million people and has its capital in Nashville. Other counties with large populations include Memphis, Knoxville, Chattanooga, and Clarksville. The median household income is $47,275 which is slightly lower .... Read more »