Tennessee’s Unemployment Rate

Tennessee’s unemployment rate remains near its all-time low and well below the U.S. rate, according to the latest data from the Tennessee Department of Labor and Workforce Development.

The state’s seasonally adjusted unemployment rate was 3.3% in October, an increase of one-tenth of a percentage point over the previous month. Despite the uptick, Tennessee’s rate is eight-tenths of a percentage point below the national rate of 4.1%.

Between September and October 2024, Tennessee employers added 2,600 nonfarm jobs. The largest increase was in the education and health services sector, government and manufacturing sectors accounted for the next-largest increases.