Tennessee’s unemployment rate remains near its all-time low and well below the U.S. rate, according to the latest data from the Tennessee Department of Labor and Workforce Development (TDLWD).
The state’s seasonally adjusted unemployment rate was 3.3% in October, an increase of one-tenth of a percentage point over the previous month. Despite the uptick, Tennessee’s rate is eight-tenths of a percentage point below the national rate of 4.1%.
Between September and October 2024, Tennessee employers added 2,600 nonfarm jobs. The largest increase was in the education and health services sector. The government and manufacturing sectors accounted for the next-largest increases.