Tennessee Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Tennessee rose 0.1 percentage points in October 2023 to 3.3%. The state unemployment rate was 0.6 percentage points lower than the national rate for the month. The unemployment rate in Tennessee peaked in April 2020 at 15.8% and is now 12.5 percentage points lower. From a post peak low of 3.1% in July 2023, the unemployment rate has now grown by 0.2 percentage points. You can also see Tennessee unemployment compared to other states.
| Unemployment Rate | October 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.9% | +0.1 | +0.2 |
| Tennessee | 3.3% | +0.1 | -0.2 |
Unemployment Rate: Tennessee, National
Note: Recessions shown in gray
Tennessee Unemployed
The number of people unemployed in Tennessee peaked in April 2020 at 504,818. There are now 391,312 fewer people unemployed in the state. From a recent trough of 105,102 in August 2023, the number of unemployed has now grown by 8,404. Tennessee job growth data is also available.
| Unemployed Persons | October 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Tennessee | 113,506 | +5,067 | -2,472 |
Number of Unemployed Persons
Tennessee Unemployment History
| Date | National Unemployment Rate |
Tennessee Unemployment Rate |
Tennessee Unemployed |
|---|---|---|---|
| October 2023 | 3.9% | 3.3% | 113,506 |
| September 2023 | 3.8% | 3.2% | 108,439 |
| August 2023 | 3.8% | 3.1% | 105,102 |
| July 2023 | 3.5% | 3.1% | 105,653 |
| June 2023 | 3.6% | 3.2% | 107,202 |
| May 2023 | 3.7% | 3.3% | 109,718 |
| April 2023 | 3.4% | 3.3% | 110,171 |
| March 2023 | 3.5% | 3.4% | 113,866 |
| February 2023 | 3.6% | 3.5% | 116,474 |
| January 2023 | 3.4% | 3.5% | 115,667 |
| December 2022 | 3.5% | 3.5% | 115,593 |
| November 2022 | 3.6% | 3.5% | 116,059 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
