Tennessee Labor & Workforce Development Commissioner Burns Phillips announced last week the Tennessee preliminary unemployment rate for September was 4.6 percent, up two-tenths of a percentage point from the August revised rate of 4.4 percent. The U.S. preliminary rate for September was 5.0 percent, up one-tenth of a percentage point from the previous month.
Economic Summary
Over the past year, Tennessee’s unemployment rate decreased from 5.6 percent to 4.6 percent while the national rate declined from 5.1 percent to 5.0 percent.
Total seasonally adjusted nonfarm employment increased 14,800 jobs from August to September. The largest increases occurred in government, professional/business services and health care/social assistance.
Over the year, nonfarm employment increased 71,300 jobs. The largest increases occurred in healthcare/social assistance, professional/business services and trade/transportation/utilities.
