Kiplinger: Tennessee ranked among Top Ten states to look for a job in 2016
NASHVILLE, Tenn.--Business and personal finance publisher Kiplinger ranks Tennessee as one of the "10 Best States to Look for a Job in 2016."
Kiplinger evaluated employment gains, unemployment rate and the business climate when ranking the best states to expand or launch a new business or seek employment.
Tennessee was ranked eighth, thanks to more jobs and a lower unemployment rate when compared to 2015.
The state has a job growth of 2.8% this year, a slight increase compared to 2015's 2.5% job growth. 80,980 new jobs in the state have been reported in 2016, 10,070 more than the number of new jobs reported in 2015.
The unemployment rate has also dipped by .5% year-over-year.
In the mid-state, Kiplinger's cites GM, Hankook Tire, and Bridgestone as automotive industry corporations bringing jobs and growth to the economy. Hospital Corp. of America, Regal Entertainment, TeamHealth, VW and TAG Manufacturing are also cited for their expansions in the state which are playing key roles in the state's job market growth.