Nashville-Davidson--Murfreesboro--Franklin, Tennessee Unemployment
The BLS reported that the unemployment rate for Nashville fell 0.0 percentage points in January 2023 to 2.7%. For the same month, the metro unemployment rate was 0.8 percentage points lower than the Tennessee rate. The unemployment rate in Nashville peaked in April 2020 at 15.6% and is now 12.9 percentage points lower. From a post peak low of 2.7% in March 2022, the unemployment rate has now grown by 0.0 percentage points. You can also compare Nashville unemployment with unemployment in other cities.
| Unemployment Rate | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.4% | -0.1 | -0.6 |
| Tennessee | 3.5% | 0.0 | 0.0 |
| Nashville | 2.7% | 0.0 | -0.2 |
Unemployment Rate: Nashville, Tennessee, National
Note: Recessions shown in gray.
Nashville, Tennessee Unemployed
The number of people unemployed in Nashville peaked in April 2020 at 160,682. There are now 130,247 fewer people unemployed in the metropolitan area. From a recent trough of 30,142 in September 2022, the number of unemployed has now grown by 293. Nashville employment and jobs data (including jobs lost/gained in Nashville, Tennessee) is also available.
| Unemployed Persons | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Nashville | 30,435 | -146 | -2,186 |
Number of Unemployed Persons
Nashville, Tennessee Unemployment History
| Date | National Unemployment Rate |
Tennessee Unemployment Rate |
Nashville Unemployment Rate |
Nashville Unemployed |
|---|---|---|---|---|
| February 2023 |
3.6% | — | — | — |
| January 2023 |
3.4% | 3.5% | 2.7% | 30,435 |
| December 2022 |
3.5% | 3.5% | 2.7% | 30,581 |
| November 2022 |
3.6% | 3.5% | 2.8% | 30,952 |
| October 2022 |
3.7% | 3.5% | 2.7% | 30,579 |
| September 2022 |
3.5% | 3.4% | 2.7% | 30,142 |
| August 2022 |
3.7% | 3.3% | 2.7% | 30,647 |
| July 2022 |
3.5% | 3.3% | 2.7% | 30,829 |
| June 2022 |
3.6% | 3.2% | 2.7% | 30,790 |
| May 2022 |
3.6% | 3.2% | 2.7% | 30,634 |
| April 2022 |
3.6% | 3.3% | 2.7% | 30,234 |
| March 2022 |
3.6% | 3.3% | 2.7% | 30,496 |
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. ↩
Department of Numbers
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