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Tennessee Unemployment Rate Remains Well Below U.S. Rate

By Ronni Chase Oct 17, 2024 | 4:40 PM

Tennessee’s unemployment rate increased slightly last month to 3.2 percent. That  is still nearly 1 full percentage point below the national rate of 4.1 percent.

When compared with last year, Tennessee’s unemployment rate is two-tenths of a percentage point lower than its September 2023 rate of 3.4%.

Tennessee employers added 3,300 nonfarm jobs between August and September 2024. The health care and social assistance sector accounted for the largest increase, followed by the retail trade sector and the professional, scientific, and technical services sector.

Over the past year, total nonfarm employment across the state increased by 31,100 jobs, with the biggest gains in the education and health services sector, followed by the trade, transportation, and utilities sector, and other services.