Tennessee Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Tennessee fell 0.1 percentage points in March 2023 to 3.4%. The state unemployment rate was 0.1 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 12.4 percentage points lower. From a post peak low of 3.2% in May 2022, the unemployment rate has now grown by 0.2 percentage points. You can also see Tennessee unemployment compared to other states.
| Unemployment Rate | March 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.5% | -0.1 | -0.1 |
| Tennessee | 3.4% | -0.1 | +0.1 |
Note: All comparisons are made with March data as April state level unemployment data has not yet been released.
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 390,939 fewer people unemployed in the state. From a recent trough of 108,999 in June 2022, the number of unemployed has now grown by 4,880. Tennessee job growth data is also available.
| Unemployed Persons | March 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Tennessee | 113,879 | -2,595 | +889 |
Number of Unemployed Persons
Tennessee Unemployment History
| Date | National Unemployment Rate |
Tennessee Unemployment Rate |
Tennessee Unemployed |
|---|---|---|---|
| April 2023 | 3.4% | — | — |
| March 2023 | 3.5% | 3.4% | 113,879 |
| 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 |
| October 2022 | 3.7% | 3.5% | 115,978 |
| September 2022 | 3.5% | 3.4% | 114,211 |
| August 2022 | 3.7% | 3.3% | 111,925 |
| July 2022 | 3.5% | 3.3% | 109,933 |
| June 2022 | 3.6% | 3.2% | 108,999 |
| May 2022 | 3.6% | 3.2% | 109,470 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
