Tennessee unemployment lower than previous month, just above record

The state of Tennessee saw 3.3% unemployment in April, 0.1% lower than the previous month and just above the all-time lowest rate of 3.2%. This is the second month in a row the state's jobless rate has dropped, according to the Department of Labor and Workforce Development (TDLWD). Tennessee employers added 2,000 new nonfarm jobs to the state’s workforce between March and April. The education and health services sector accounted for most of the new jobs during the month. The government sector and the manufacturing sector added the next largest number of jobs to the state’s economy.  Between April 2022 and April 2023, the number of new nonfarm jobs in Tennessee grew by 90,000 positions. The leisure and hospitality sector reported the largest amount of growth during the year. The education and health services sector had the next largest increase, followed by the government sector. A complete analysis of Tennessee’s unemployment rate, along with other labor force participation rate information, is available here.