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When compared to last year, more Nashville construction jobs were lost during October than jobs in any other industry.

During October, the Nashville-Davidson-Murfreesboro-Franklin area saw its unemployment rate decrease from 9.2 percent to 9.1 percent, following a decrease from 9.7 percent during September. The area’s current rate is lower than the national unemployment rate at the time of 10.2 percent.

The Nashville area had a total non-farm employment of 727,500 workers during October, according to the U.S. Department of Labor Bureau of Labor Statistics. This is down from 728,300 workers during September and a 3.8 percent decrease from last year.

Four industries saw a monthly increase in employment, including: trade, transportation and utilities by 300 jobs; education and health services by 200 jobs; other services by 300 jobs; and government by 800 jobs. Employment in the financial activities and professional and business services industries remained even at 45,100 jobs and 93,300 jobs, respectively.

The education and health services industry was the only one that added jobs on a yearly basis. That industry employed 112,200 workers during October, up from 112,000 workers during September and a .5 percent increase from last year. Employment in the government industry remained even over the year at 104,500 jobs.

The mining, logging and construction industry took the biggest hit when compared to last year. The industry employed 33,900 workers during October, down from 34,600 workers during September and a 13.3 percent decrease from last year.

Other industries that saw an over-the-year decrease in jobs include:

• manufacturing by 11.6 percent
• trade, transportation and utilities by 3.5 percent
• information by 5.2 percent
• financial activities by 2 percent
• professional and business services by 6.5 percent
• leisure and hospitality by 2.6 percent
• other services by .7 percent

Tags: Nashville construction jobs

This entry was posted on Thursday, December 10th, 2009 at 12:28 pm and is filed under Construction, Job Search, Nashville. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.