With Unemployment Down to 7.4% Is Our Region In a Better Position?

Reported by: James Mahon
Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Updated: 8/02/2013 6:37 pm
CHATTANOOGA, TN, (WDEF)-Bruce Krebs advises and supports the unemployed in our area through his company  Entrepreneur Source. He feels this report doesn't paint a true picture.

"There's 28 million people that are working part time just to make ends meet, we have a bad dynamic on our hands with unemployment and the problem is it isn't getting better"

Kristie Wilder, Professor of Social Work at Southern Adventist University believes that even if unemployment is down those working are not being paid what they deserve.

"find these jobs if they even exist, they are not being compensated according to their experience level or their education level, high burn out rates are still happening out there"

Yet Matt Murray, Professor of Economics at UT says right now the US and Tennessee is in a good place.

"All in all a  good labor market report for the US economy we are fighting some real head winds with sequestration, federal spending"

For one  local job seeker a report and a percentage mean very little.
"That is totally false  because you have people who are homeless because they can't even find a job"

Ben Ubamadu  of Chattanooga State prepares graduates for work straight out of college and welcomes the good news.

"It's very good news and I think as long as our area continues the collaboration that we do and the focus on getting people employed, then I think we will be doing very well"

The areas with most job growth were the North East, California and Florida, Tennessee was well down on the list.

1 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

paulelliott - 8/4/2013 8:19 PM
0 Votes
Yes, while the nations unemployment rate is at 7.4% Chattanooga's is at 8.8%, not so wonderful. The Republicans in this state need to stop slapping each other on the back and create some jobs.
Featured Partners
Experience Baylor summer camp - a 70 year tradition of summer fun and adventure. What are you waiting for? Make the most of summer by signing up today!
Get started at $79.99 a month for 12 months. Plus, get a $75 VISA® Prepaid card.
Register now for St. Nicholas summer camp whose mission & purpose is to provide a fun learning experience for children, developing physical, cultural, social and intellectual abilities.
Click here to enter for your chance to win a Bojangles Breakfast Combo. Then, watch WDEF News 12 This Morning for daily winner announcements!
Supermarket Guru
From The Archives
Scenic City Roots
Through Irish Eyes
Brand News
Prime Mashup
What's Trending
Stay Connected with WDEF News 12
Inergize Digital This site is hosted and managed by Inergize Digital.