(Photo Credit: TN.gov) From TN.gov: Tennessee’s Department of Labor and Workforce Development released statewide unemployment numbers for February ye
(Photo Credit: TN.gov)
From TN.gov: Tennessee’s Department of Labor and Workforce Development released statewide unemployment numbers for February yesterday.
After a slight increase at the start of 2024, Tennessee’s unemployment rate dropped to near record-low levels in February. The data showed the new seasonally adjusted statewide rate for February at 3.3%, a decrease of 0.2 of a percentage point from January’s revised rate.
The state’s all-time low seasonally adjusted unemployment rate is 3.1%, which was recorded during April, May, and June in 2023.
Nationally, seasonally adjusted unemployment increased in February to 3.9%.
Tennessee will release the February unemployment data for counties on Thursday, March 28th.