Nashville Jobs Added as Unemployment Declines
As the city's unemployment rate declined, more Nashville jobs TN were added last month.
During September, the Nashville-Davidson-Murfreesboro-Franklin area saw its unemployment rate decrease from 9.7 percent to 9.3 percent, which is slightly lower than the national unemployment rate of 9.8 percent. This is the first time the area's unemployment rate has decreased since July, when it went from 10 percent to 9.6 percent.
The area had a total non-farm employment of 728,300 workers during September, according to the U.S. Department of Labor Bureau of Labor Statistics. This is up from 727,700 workers during August, but a 4.2 percent decrease from last year.
Nashville Job Search Brings Tough Competition
According to a new survey, anyone on a Nashville job search can expect to encounter plenty of competition.
Indeed.com recently reported that in Nashville, there were five unemployed job seekers for every open position during August, which is an increase from July, when there were four job seekers for every position.
Among the top 50 metropolitan areas, Nashville ranked 33rd for its ratio of unemployed workers to jobs. Washington, D.C. and Baltimore had the least amount of competition for jobs, while Detroit and Miami had the most competition.