New data from the Department of Labor and Workforce Development showed that more Tennesseans were available to work in November 2023 than the previous month. While the state’s seasonally adjusted Labor Force Participation Rate remained steady at 59.4%, estimates show the number of Tennesseans not working increased by slightly more than 5,000 individuals. That change …
Tennessee’s statewide seasonally adjusted unemployment rate for October 2023 came in more than half a percentage point below the national average. The state rate was 3.3% in October, 0.6 of a percentage point lower than the seasonally adjusted national unemployment rate of 3.9%. The October rate is 0.1 of a percentage point higher than September. …
Tennessee matched its all-time low unemployment rate in June, according to newly released data from the Department of Labor and Workforce Development. The seasonally adjusted rate for the month came in at 3.2%, the historic low that the state first reached prior to the pandemic in 2020. For the previous two months, unemployment in Tennessee …
