Knoxville Has Lowest Unemployment Rate In The State

KnoxvilleKnoxville has the lowest unemployment rate in the State of Tennessee, according to a recent article published by Business Insider. Knoxville currently has an unemployment rate of 6.3%, while the State of Tennessee’s average is unemployment rate is 7.3% and the national average for unemployment is 8.2%.

The Knoxville area has seen a great deal of growth and development in recent months. The Knoxville area will see many new businesses and restaurants opening over the next few months. Residents have much to look forward to over the next few months. Here is a list of new businesses and restaurants opening Knoxville over the coming months.

Chuy’s – Opening  off of Kingston Pike in the Cedar Bluff area, near the new Kroger Market Place.  Chuy’s is a Tex-Mex chain based out of Austin Texas. Its menu offers a wide range of Mexican dishes all made from scratch. Chuy’s plans to open July 31st.

Cheddar’s Casual Cafe – Located off of Gallaher View and Kingston Pike, Cheddar’s offers casual dining experience with a comfortable neighborhood feel and reasonably priced food. Cheddar’s already has two locations in Knoxville, one in Maryville and one off of Merchants Drive. Cheddar’s plans to open its new location on July 24th.

Tomato Head – Opening off of Kingston Pike, near West Town Mall, in the old Silver Spoon location. Tomato Head offers great pizza, sandwiches, and salads. Tomato Head has two locations in Knoxville, with one in Market Square and one in Maryville. The Maryville location plans to close and be replaced with the West Knoxville location. Tomato Head plans to open its new location in August.

Costco – Opening in Farragut off at Lovell Road and Kingston Pike. Confirmation of Costco coming to Farragut was released last summer. It is expected to open in late November.

Ulta Beauty – Opening in the old Border location in Turkey Creek. Ulta is a specialty retailer specializing in fragrance and cosmetics. The beauty super store is expected to open in late fall.

Trader Joe’s – Located in Suburban Plaza, in between Gallaher View and West Town Mall. Trader Joe’s, a trendy grocery store which offers exotic foods and beverages. Due to Tennessee liquor laws, this Trader Joe’s will lack its wine selection, however, it will still carry beer. Trader Joe’s plans to open on August 10.

Knoxville’s low unemployment rate is one of the many reasons living in Knoxville is great. If you are considering moving to Knoxville, please let me know if there is anyway that I can assist you in your home search. You can give me a call at 865-696-9002 or send an email to Rick@TheBigOrangePress.Com. Also, be sure to check out my Knoxville Home Search Page to see what homes are currently for sale in the greater Knoxville area.