According to the Tennessee Department of Labor and Workforce Development (TDLWD), after several months of steady unemployment rates, newly released July data reflects a slight change in Tennessee’s jobless rate.
The state’s seasonally adjusted unemployment rate in July was 3.6%, an increase of one-tenth of a percentage point over June’s rate. One year ago, the rate was 3.4%.
Tennessee’s rate remains well below the U.S. rate, which was 4.2% in July and unchanged from a year ago.
Employers across the state added 21,500 non-farm jobs to their payrolls over the past year. The most considerable increase was in the government sector. The Professional, Scientific, and Technical Services sector had the next most significant gains, followed by the Leisure and Hospitality sector.
