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TN Unemployment Rate Drops to 7.2%

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Tennessees unemployment rate decreased to 7.2 percent in January, according to a press release from Tennessee Labor & Workforce Development Commissioner Burns Phillips.

The drop is only a five tenths of one percentage point lower than Decembers rate. The national unemployment rate for January was 6.6 percent, down one tenth of one percentage point from December.

Over the past year, Tennessee's unemployment rate declined from 8.1 percent to 7.2 percent, while the national rate decreased from 7.9 percent to 6.6 percent.

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