Oak Ridge Today

Governor: 15 percent of state’s workforce files unemployment claims

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On Friday, Tennessee Governor Bill Lee said 15 percent of Tennessee’s workforce had filed unemployment claims as of last week.

More than 400,000 people are without a job, Lee said during a press conference announcing new guidelines for restaurants and retailers that could open in most of the state’s counties this week.

Lee said $870 million in revenue was lost in March alone across some of Tennessee’s largest industries such as hospitality.

With employers and employees struggling, there could a $5 billion decrease in the state’s gross domestic product for 2020, the governor said.

The service industry has been hit especially hard, he said.

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Updated: Governor extends ‘stay at home’ order to April 30

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Source: State of Tennessee

Note: This story was last updated at 1:45 p.m. April 14.

Tennessee Governor Bill Lee on Monday said he will extend the state’s “stay at home order” through Thursday, April 30.

The order, issued Thursday, April 2, had been scheduled to expire at 11:59 p.m. Tuesday, April 14, but it has been extended for 16 days. The order requires Tennessee residents to stay at home unless they are carrying out essential activities. (You can learn more about essential businesses and services in the image above and on this website page.)

The order was extended to the end of the month in cooperation with guidance from the White House, Lee said during a press conference broadcast online on Monday afternoon. The governor’s updated executive order is available here.

Tennessee has had more than 10 days of single-digit growth, rather than double-digit growth, in the number of COVID-19 cases, Lee said, calling the trend encouraging.

“We’re not out of the woods yet, and it could be some time,” Lee said. “But it is clear that the actions that we take at the state, combined with the local level—most importantly with the determination of our citizens and the bravery of our first responders and our health care workers on the front lines—those efforts have saved countless lives across Tennessee, and for that we are thankful.”

The governor’s new executive order, Executive Order 27, extends temporary social distancing and the stay-at-home provisions of previous executive orders that, among other things:

  • prohibited social gatherings of 10 or more people;
  • told restaurants, bars, and similar food and drink establishments to offer take-out or delivery options only;
  • directed gyms and fitness or exercise centers to temporarily close and suspend in-person services;
  • restricted visitation in nursing homes, retirement homes, and long-term care or assisted-living facilities; and
  • applied to close-contact personal services and entertainment and recreational gathering venues.

The “stay at home” order has been in place as Tennessee, like other states and countries around the world, tries to reduce the spread of COVID-19, a contagious respiratory illness that can be deadly.

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UT report: State economy looking more robust as year end approaches

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Matt Murray

Matt Murray

KNOXVILLE—More jobs. An unemployment rate that’s trending down. Increasing personal income.

Thanks to these gains, there is a positive ring to this fall’s Tennessee Business and Economic Outlook report prepared by the Center for Business and Economic Research at the University of Tennessee in Knoxville.

“Tennessee’s economic outlook is very similar to the national outlook, with moderate to strong growth expected for the second half of the year and a continuation of growth through 2015,” said Matt Murray, associate director of CBER, who directed the report.

Job growth [Read more…]

2014 Election: Mayoral candidates ‘bicker’ over tax hikes, lawsuits

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Anderson County Mayor Debate

The three candidates for Anderson County mayor are pictured above at a debate moderated by radio talk show host Hallerin Hilton Hill, left. Starting at center, the three candidates in the August 7 mayoral election are Terry Frank, the incumbent and a Republican; Democrat Jim Hackworth; and Independent Bradley Rickett.

CLINTON—She’s attacked him over a 24-year-old tax hike. He’s blasted her over lawsuits and turmoil in the Anderson County Courthouse.

The two candidates, Anderson County Mayor Terry Frank and her challenger, Jim Hackworth, will face off in the August 7 election.

Frank, a Republican, was first elected mayor in a special election in August 2012. Now she is running for her first four-year term.

Hackworth, a Democrat, is a former state representative and Anderson County commissioner.

The two have battled in forums, on radio shows, and through ads and flyers. Their political squabbles have largely ignored the third candidate, Independent Bradley Rickett. [Read more…]

Letter: Small business endorses John Ragan in House District 33

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NASHVILLE—The National Federation of Independent Business, Tennessee’s leading small business association, has endorsed incumbent John Ragan of Oak Ridge in the race for the 33rd House District. The endorsement was made by NFIB/Tennessee SAFE (Save America’s Free Enterprise) Trust, which is comprised exclusively of NFIB members.

State primaries are scheduled for Thursday, Aug. 7, with early voting beginning July 18 and ending Aug. 2. NFIB expects to announce general election endorsements later this summer. The general election will be held Nov. 4.

“NFIB supports candidates who support small businesses and who are dedicated to protecting our free enterprise system,” said Jim Brown, state director of NFIB/Tennessee. “John Ragan has consistently voted to reduce burdens on small businesses and stood with them time and again in the 108th Tennessee General Assembly.” [Read more…]

UT study: Lackluster growth in first quarter, but overall gains expected in 2014

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KNOXVILLE—An abnormally harsh winter led to lackluster economic growth the first quarter of 2014, but a dip in unemployment rates and expected increases in housing investments signal stronger gains for the remainder of the year.

The gross domestic product is expected to increase 2.4 percent this year as a whole, compared to 1.9 percent last year, according to the spring 2014 Tennessee Business and Economic Outlook released Friday at the University of Tennessee in Knoxville.

The national unemployment rate will likely average 6.5 percent this year compared to 7.4 percent last year, the report shows. It is expected to decrease to 6 percent in 2015.

The study, prepared by UT’s Center for Business and Economic Research, predicts the direction of the state and national economies by examining many economic and fiscal factors and trends. [Read more…]

UT report: Economy shows signs of strength, finds ‘firm footing’

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KNOXVILLE—Falling unemployment rates, an increase in vehicle sales, and a long-awaited rebound in the residential housing market are all indications that the national and state economies are making a comeback.

Despite sequestration of federal spending and a payroll tax increase that have slowed consumer spending, the economy is poised for strong growth in both 2014 and 2015, according to the spring 2013 Tennessee Business and Economic Outlook released Wednesday.

The study, prepared by the Center for Business and Economic Research, or CBER, at the University of Tennessee in Knoxville, predicts the trajectory of the state and national economies by examining many economic and fiscal factors and trends. [Read more…]

Report: Slower economic growth in 2013, followed by increase in 2014

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KNOXVILLE—The U.S. and Tennessee economies continue to dig their way out from the Great Recession, but they will be digging at a slower pace this year than last.

The debate over the nation’s debt ceiling, the looming risk of sequestration of federal spending, and the payroll tax increase contribute to the slowdown in predicted gains, according to the forecast in the 2013 Economic Report to the Governor of the State of Tennessee, released today.

The study, prepared by the Center for Business and Economic Research, or CBER, at the University of Tennessee in Knoxville, predicts the trajectory of the state and national economies by examining many economic and fiscal factors and trends.

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