Unemployment rates dropped in all 95 Tennessee counties in February. Ninety-one counties recorded a rate of less than 5% for February.
Cumberland County’s February unemployment rate was 4.5 percent, down 0.4 percent from January’s rate of 4.9 percent and a decrease of 1.8 percent from Cumberland County’s February 2021 jobless rate of 6.3 percent.
Tennessee’s seasonally adjusted unemployment rate for February was 3.4%, a 0.1 of a percentage point drop from January’s rate of 3.5%. The new figure came in 1.6 percentage points lower than the 2021 rate of 5%.
The United States unemployment rate also dropped slightly in February. The nationwide seasonally adjusted rate inched down by 0.2 of a percentage point to 3.8%. One year ago, the national jobless rate was 6.2%.