Unemployment in Tennessee dropped for the fifth consecutive month

Unemployment in Tennessee dropped for the fifth consecutive month in October with the station’s seasonally adjusted unemployment rate reported at 4.2%. The Tennessee Department of Labor and Workforce Development reported this was a 0.2% decrease over the previous month and 3.6% points lower than this same time last year. This is also the lowest unemployment rate the state has reported since the start of the pandemic in March 2020.