Tennessee’s Unemployment Rate Remained Below The National Rate
(UCBJ) – Tennessee’s unemployment rate held steady at 3.4% in August, matching its lowest level of the year, according to the Tennessee Department of Labor and Workforce Development.
The seasonally adjusted rate was unchanged from July and down one-tenth of a percentage point from a year ago. Before July, Tennessee’s unemployment rate had not been 3.4% or lower since July 2024.
Tennessee’s unemployment rate remained below the national rate of 4.1% in August. The U.S. rate was 4.1% in July and 4.3% a year ago. Total nonfarm employment in Tennessee increased by 1,800 jobs from July to August, with the largest gains coming in leisure and hospitality, government and construction.
Over the past year, Tennessee employers added 16,400 jobs.
The largest gains came in:
- Healthcare
- Social assistance
- Administrative
- Support
- Waste services
- Leisure
- Hospitality
Image by rawpixel.com on Magnific.
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