Southern city that's bucking the unemployment trend with booming jobs market

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Southern city that's bucking the unemployment trend with booming jobs market

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As the US deals with rising unemployment, there's one city in the south that's weathering the fallout exceptionally well. Nashville, known for its countless country music bars, has a 2.9 percent unemployment rate as of July, a stark difference from the national 4.3 percent jobless rate. The most recent data shows only 114,000 jobs were added in July, which was far below the Dow Jones estimate of 185,000. Legendary economists see the US teetering on the brink of recession, but in Nashville and Tennessee as a whole (which has a jobless rate of 3 percent), that couldn't be further from the truth.
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