Tennessee's Unemployment Rate Holds Steady in SeptemberThe State’s Jobless Number Continues to Stand Near the All-Time Low Rate
NASHVILLE – Unemployment in Tennessee remained unchanged between August and September, according to data released Thursday by the Department of Labor and Workforce Development (TDLWD). The state’s seasonally adjusted unemployment rate for September came in at 3.4% and is just 0.2 of a percentage point away from Tennessee’s all-time low rate of 3.2%.
One year ago, unemployment across the state stood at 3.8%, which is 0.4 of a percentage point higher than the current rate.
Tennessee employers created 13,700 new nonfarm jobs between August and September. The trade, transportation, and utilities sector had the largest number of new jobs, followed by the leisure and hospitality sector, and then the education and health services sector.
In a year-to-year comparison, the number of nonfarm jobs across the state increased by 140,200. The leisure and hospitality sector created the most jobs while the trade, transportation, and utilities sector, and the education and health services sector came next on the list.
Nationally, seasonally adjusted unemployment dropped in September. It was down 0.2 of a percentage point, coming in at 3.5% for the month. One year ago, the United States unemployment rate was 4.7%.
The TDLWD has a complete analysis of Tennessee’s September 2022 unemployment data available here.
Job seekers can find in person and online help when searching for a new job. TNWorkReady.com lists all of the resources TDLWD makes available to help Tennesseans find employment. There are also nearly 80 American Job Centers across the state and six mobile American Job Centers that take job seeker services right into our communities. Tennesseans looking for work can use this interactive map to locate the job center closest to them.
The state of Tennessee will release September’s county unemployment data on Thursday, October 27, 2022, at 1:30 p.m. CDT.