Tennessee Unemployment

According to the BLS current population survey (CPS), the unemployment rate for Tennessee fell 0.0 percentage points in November 2022 to 3.5%. 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 15.9% and is now 12.4 percentage points lower. From a post peak low of 3.2% in March 2022, the unemployment rate has now grown by 0.3 percentage points. You can also see Tennessee unemployment compared to other states.

Unemployment Rate	November 2022	Month/Month	Year/Year
National	3.6%	-0.1	-0.6
Tennessee	3.5%	0.0	-0.1

Note: All comparisons are made with November data as December state level unemployment data has not yet been released.

Unemployment Rate: Tennessee, National

Tennessee monthly unemployment rate chart from 1990 to November 2022

Note: Recessions shown in gray

Tennessee Unemployed

The number of people unemployed in Tennessee peaked in April 2020 at 510,481. There are now 392,139 fewer people unemployed in the state. From a recent trough of 109,018 in March 2022, the number of unemployed has now grown by 9,324. Tennessee job growth data is also available.

Unemployed Persons	November 2022	Month/Month	Year/Year
Tennessee	118,342	+1,829	-1,785

Number of Unemployed Persons