HomeLocal News

Unemployment rates fall below 5% in nearly all counties

    From the Chattanoogan: Ninety-three of Tennessee’s 95 counties recorded unemployment rates below 5% in September, while statew

 

 

From the Chattanoogan: Ninety-three of Tennessee’s 95 counties recorded unemployment rates below 5% in September, while statewide unemployment inched up for the month, according to the latest data from the Department of Labor and Workforce Development.

Tennessee’s seasonally adjusted unemployment rate for the month of September was 3.2%.

That number is up 0.1 of a percentage point when compared to the August rate of 3.1%, which was Tennessee’s all-time low.

Unemployment in seven Tennessee counties decreased in September. Eighty counties recorded small increases from their August rates, while eight counties matched their rates from the previous month.

Moore and Sevier counties had the state’s lowest unemployment rates for September. In Moore County, the 2.6% rate marked a 0.2 of a percentage increase from August, while the rate went up just 0.1 of a percentage point in Sevier County.

 

Bledsoe County came in with the highest unemployment for September. Its rate of 5.4% was 0.2 of a percentage point higher than the previous month. Lauderdale County had the second-highest rate at 5.3%, which accounted for a 0.5 a percentage point decrease from its 5.8% rate in August.

A complete overview of county unemployment data for September 2023, including labor force estimates for local areas across the state, is available here.

 

Data released earlier this month marked Tennessee’s seasonally adjusted September 2023 unemployment rate at 3.2%, while the national seasonally adjusted unemployment rate remained unchanged between August and September at 3.8%.

Tennesseans looking for a new career can find all the resources and services they need to start their job search, all in one place. TNWorkReady brings together the services offered by the Department of Labor and Workforce Development in a quick reference site. It is the place to search for a new job and find programs to help develop new skills or classes where adult learners can earn a high school equivalency diploma.

 

The state of Tennessee will release the unemployment data for October 2023 on Thursday, Nov. 16, 2023, at 1:30 p.m. CST.