Tennessee Unemployment Reaches Pre-Pandemic Levels

TENNESSEE’S UNEMPLOYEMENT RATE A REACHED ITS LOWEST LEVEL SINCE MARCH OF 2020. ACCORDING TO NEW DATA FROM THE TENNESSEE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT, THE NEW SEASONALLY ADJUSTED RATE IS DOWN .2 (TWO/TENTHS) OF A PERCENTAGE POINT FROM OCTOBER AND MATCHES THE MARCH 2020 RATE OF 4%. BUSINESS OWNERS ACROSS THE STATE INCREASED EMPLOYEMENT BY 4,900 JOBS BETWEEN OCTOBER AND NOVEMBER. NONFARM EMPLOYEMENT SAW AN INCREASE OF 87,800 JOBS AND THE LARGEST GAINS OCCURRED IN THE LEISURE AND HOSPITALITY SECOTR, ALONG WITH THE PROFFESSIONAL AND BUSINESS SERVICES SECTOR. FOR MORE INFORMATION VISIT TN.GOV/WORKFORCE.

Unemployment Data by the Tennessee Department of Labor & Workforce Development