From the Tennessee Department of Labor and Workforce Development: Tennessee began 2023 with continued low unemployment, according to the latest data released by the Department of Labor. The rate for January 2023 came in at 3.5%, the fourth consecutive month the state’s jobless number remained at that level.
In a year-to-year comparison, the number was also unchanged from the 3.5% rate the state recorded in January 2022.
Over the month, Tennessee’s workforce increased by 21,800 jobs. The professional and business services sector led the state in job growth, followed by the leisure and hospitality sector, and then the mining, logging, and construction sector.
During the last 12 months, Tennessee’s employers added 123,200 jobs to their payrolls. The leisure and hospitality sector did the most hiring during the last year. The trade, transportation, and utilities sector saw the next highest amount of growth, followed by the education and health services sectors.
The state of Tennessee will release the January 2023 unemployment data for each of the 95 counties on Thursday, March 9th.