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.[Read more…]