Unemployment in the state of Tennessee reached a two-year low in December. The state ended 2021 with an unemployment rate of 3.8%, which was 0.2 of a percentage point lower than the rate it recorded in November. Tennessee has not seen unemployment at this level since January 2020 when it had a rate of 3.7%.
Across the country, unemployment in December was at its lowest rate since March 2020, one month before the pandemic began to impact the nation’s workforce. The United States seasonally adjusted unemployment rate for December came in at 3.9%, down 0.3 of a percentage point from November’s rate.