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Capitol Hill Week
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Jobs and the economy took center stage on Capitol Hill this week as lawmakers heard good news regarding Tennessee’s economic prospects, including the forecast that employers may see reductions in their unemployment premiums as early as July. Tennessee Commissioner of Labor and Workforce Development Karla Davis and Commissioner of Economic and Community Development Bill Hagerty appeared before the Senate Commerce Committee to present their budget requests and brief members on developments taking place on Tennessee’s jobs front. Job creation reaches highest mark since 2007 -- Economic and Community Development Commissioner Bill Hagerty told Senate Commerce Committee members this week that Tennessee had a very productive year with the creation of 28,500 jobs in the state, the highest mark since 2007.The commissioner attributed the success to a realignment the department took after Governor Haslam ordered a “top to bottom review” of its operations.“The result of that has been a fabulous job number in what has overall been a very tough economic environment,” Hagerty said.“The majority of job creation in this state comes from existing businesses as they expand.