Tennessee unemployment ticks up slightly in November

Tennessee’s unemployment rate increased to 3.5% in November, up from 3.4% in October. According to Tennessee Department of Labor and Workforce Development (TDLWD), Tennessee’s November 2024 unemployment rate was unchanged from its November 2023 rate. The state’s unemployment rate still remains below the national average of 4.2%. Additionally, Tennessee added 56,000 nonfarm jobs between November 2023 and November 2024, the highest month-by-month comparison in 2024. TDLWD’s analysis of the November 2024 unemployment data is available here.