CRER director Howard Wall is quoted in the Chattanooga Times Free Press in a story about the Chattanooga unemployment rate for April 2024. The unemployment rate hit an all-time low of 2.5 percent, but that number is not seasonally adjusted. The seasonal adjustment should result in a rate of 3 percent, which would tie April…
5/16/2024: The Demographics of Chattanooga Employment Growth
The Chattanooga metro economy has experienced higher-than-average employment growth for the past decade. This paper examines how this manufacturing-led boom has meant higher employment to population ratios for every major demographic category, despite the major disruption of the COVID pandemic. It finds that the benefits of Chattanooga’s boom have been felt by every age group,…