Tennessee unemployment rate rises slightly in October
Tennessee’s October unemployment rose 0.1% over September, increasing to 3.3%. The state’s unemployment rate remained 0.6% lower than the national unemployment rate of 3.9%. Tennessee maintained an all-time low unemployment rate of 3.1% in July and August of this year, but was 0.2% lower than the rate for October 2023. Tennessee employers have added 40,100 jobs to the state’s workforce since October 2023. The education and health services sector saw the most growth, followed by the government sector, and then the other services sector.