Unemployment Rate Drops Statewide Local News Tullahomanews Ninety three of tennessee’s 95 counties recorded lower unemployment rates in august 2023, according to new data from the department of labor and workforce development. Tennessee marked a milestone in may when the statewide unemployment rate dropped to a historic low level and set a record, according to the department of labor and workforce development (tdlwd). the rate decreased by 0.1 of a percentage point between april and may to 3% and made history by besting any jobless number since the federal government.
January Unemployment Increases Slightly Locally Drops Statewide And Jul 4, 2024. tennessee set a record low for statewide unemployment in may when its seasonally adjusted rate dropped to 3% for the first time. the latest county unemployment data from the department of labor and workforce development showed continued low county unemployment across the state. all 95 counties had unemployment rates at or below 4.4. Houston county’s rate increased 0.6 of a percentage point, while bledsoe county’s dropped 0.3 of a percentage point. statewide, seasonally adjusted unemployment in tennessee remained at the record setting low rate of 3% for the third month. nationwide, the jobless rate grew 0.2 of a percentage point in july to 4.3%. Unemployment rate, 12 month change in the unemployment rate, and number of unemployed by state, seasonally adjusted state unemployment rates animated over the last 10 years, seasonally adjusted change in nonfarm employment by state, seasonally adjusted over the year percentage change in industry employment, average weekly hours, and average. Note: rates shown are a percentage of the labor force. data refer to place of residence. estimates for the current month are subject to revision the following month.
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