According to data from the Tennessee Department of Labor and Workforce Development, the statewide unemployment rate increased slightly last month after three consecutive months of record-low unemployment.
The state’s seasonally adjusted unemployment rate was 3.1% in August, an increase of one-tenth of a percentage point over the record low of 3% posted in May, June, and July.
In a year-to-year comparison, Tennessee’s unemployment rate decreased two-tenths of a percentage point, from 3.3% to 3.1%.
