Tennessee's Jobless Number Holds Steady Ahead of the Holidays
The Statewide Unemployment Rate Remained Unchanged at 3.5% in NovemberNASHVILLE – The November statewide unemployment rate in Tennessee held steady heading into the holiday season, according to the Department of Labor and Workforce Development (TDLWD). The seasonally adjusted jobless number for November 2022 remained unchanged at 3.5%.
In a year-to-year comparison, the statewide unemployment rate is down 0.1 of a percentage point. Tennessee has recorded unemployment rates at or below 3.5% since January 2022.
Statewide, Tennessee employers added 6,400 new jobs to their payrolls in November. The accommodation and food services sector experienced the biggest jump in new jobs, followed by the wholesale trade sector, and then the transportation, warehousing, and utilities sector.
Over the last year, Tennesse employers created 119,400 new jobs across the state. The largest share of that increase came from the leisure and hospitality sector. The education and health services sector accounted for the second-largest increase, with the trade, transportation, and utilities sector next on the list.
TDLWD has compiled a complete analysis of the November 2022 unemployment data here.
Across the nation, the seasonally adjusted unemployment rate in November also remained unchanged at 3.7%. Compared to November 2021, the national rate has decreased by 0.5 of a percentage point.
Tennesseans looking for new job opportunities can start their search at Jobs4TN.gov. The site has hundreds of thousands of job openings from employers around and near Tennessee. Job seekers can also set up a virtual recruiter that will help them find positions they qualify for that are in their area of Tennessee.
TNWorkReady.com is the one-stop webpage Tennesseans can visit to get more information on job training opportunities across the state, for individuals reentering the workforce after incarceration, or for adult learners looking to sign up for classes where they can earn a high school equivalency diploma.
The state of Tennessee will release detailed unemployment data for each county on Thursday, December 22, 2022, at 1:30 p.m. CST.