Department of Numbers

Knoxville, Tennessee Unemployment

The BLS reported that the unemployment rate for Knoxville fell 0.0 percentage points in September 2022 to 3.0%. For the same month, the metro unemployment rate was 0.4 percentage points lower than the Tennessee rate. The unemployment rate in Knoxville peaked in April 2020 at 13.9% and is now 10.9 percentage points lower. From a post peak low of 2.7% in March 2022, the unemployment rate has now grown by 0.3 percentage points. You can also compare Knoxville unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Tennessee 3.4% 0.0 -0.4
Knoxville 3.0% 0.0 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October metro level unemployment data has not yet been released.

Unemployment Rate: Knoxville, Tennessee, National

Knoxville, Tennessee monthly unemployment rate chart

Note: Recessions shown in gray.

Knoxville, Tennessee Unemployed

The number of people unemployed in Knoxville peaked in April 2020 at 57,340. There are now 43,908 fewer people unemployed in the metropolitan area. From a recent trough of 11,888 in March 2022, the number of unemployed has now grown by 1,544.

Unemployed Persons September 2022 Month/Month Year/Year
Knoxville 13,432 -82 +170

Number of Unemployed Persons

Knoxville, Tennessee Unemployment History

Date National
Unemployment Rate
Tennessee
Unemployment Rate
Knoxville
Unemployment Rate
Knoxville
Unemployed
October
2022
3.7%
September
2022
3.5% 3.4% 3.0% 13,432
August
2022
3.7% 3.4% 3.0% 13,514
July
2022
3.5% 3.3% 3.0% 13,406
June
2022
3.6% 3.3% 2.9% 13,081
May
2022
3.6% 3.3% 2.8% 12,620
April
2022
3.6% 3.2% 2.7% 12,120
March
2022
3.6% 3.2% 2.7% 11,888
February
2022
3.8% 3.4% 2.8% 12,250
January
2022
4.0% 3.5% 2.9% 12,545
December
2021
3.9% 3.6% 2.9% 12,891
November
2021
4.2% 3.6% 2.9% 12,813

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.