Thursday, December 16, 2021

Tennessee’s unemployment rate has dropped to its lowest level since March 2020, the last month before COVID-19 business closures impacted workers across the state. According to new data from the Department of Labor and Workforce Development, Tennessee recorded an unemployment rate of 4 percent in November 2021.
The new seasonally adjusted rate is down 0.2 of a percentage point from October and it matches the March 2020 rate. In a year-to-year comparison, the November figure dropped by 1.6 percentage points.
Tennessee experienced its highest unemployment ever in April 2020 when the rate spiked to a historic 15.8 percent.
Business owners increased employment across the state by 4,900 jobs between October and November. Read more here