Tennessee Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Tennessee rose 0.2 percentage points in November 2023 to 3.5%. The state unemployment rate was 0.2 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 12.3 percentage points lower. From a post peak low of 3.1% in July 2023, the unemployment rate has now grown by 0.4 percentage points. You can also see Tennessee unemployment compared to other states.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Tennessee | 3.5% | +0.2 | 0.0 |
Note: All comparisons are made with November data as December 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 386,315 fewer people unemployed in the state. From a recent trough of 105,102 in August 2023, the number of unemployed has now grown by 13,401. Tennessee job growth data is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Tennessee | 118,503 | +5,010 | +2,444 |
Number of Unemployed Persons
Tennessee Unemployment History
| Date | National Unemployment Rate |
Tennessee Unemployment Rate |
Tennessee Unemployed |
|---|---|---|---|
| December 2023 | 3.7% | — | — |
| November 2023 | 3.7% | 3.5% | 118,503 |
| October 2023 | 3.8% | 3.3% | 113,493 |
| September 2023 | 3.8% | 3.2% | 108,439 |
| August 2023 | 3.8% | 3.1% | 105,102 |
| July 2023 | 3.5% | 3.1% | 105,653 |
| June 2023 | 3.6% | 3.2% | 107,202 |
| May 2023 | 3.7% | 3.3% | 109,718 |
| April 2023 | 3.4% | 3.3% | 110,171 |
| March 2023 | 3.5% | 3.4% | 113,866 |
| February 2023 | 3.6% | 3.5% | 116,474 |
| January 2023 | 3.4% | 3.5% | 115,667 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
