Unemployment Rate Inches Up Slightly in Tennessee

 ACCORDING TO THE TENNESSEE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT, AFTER THREE CONSECUTIVE MONTHS OF STEADY, NEAR RECORD LOW UNEMPLOYMENT ACROSS THE STATE, TENNESSEE’S JOBLESS RATE INCHED UP SLIGHTLY IN AUGUST, THE SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR THE MONTH IS 3.4%, UP JUST 0.1 OF A PERCENTAGE POINT FROM JULY’S RATE OF 3.3%. THE ALL-TIME LOW RATE IN TENNESSEE IS 3.2%. ONE YEAR AGO, TENNESSEE’S JOBLESS NUMBER STOOD AT 4%. THE CURRENT RATE IS DOWN 0.6 OF A PERCENTAGE POINT IN A YEAR-TO-YEAR COMPARISON. FOR MORE INFORMATION VISIT TN.GOV

State of Tennessee