The Tennessee Department of Labor & Workforce Development reported this afternoon the state unemployment rate for October was 3.3 percent, up slightly from 3.2 percent in September.
Between September and October, Tennessee employers added 2,600 nonfarm jobs.
The state unemployment rate in October 2023 was 3.5 percent. Earlier this year, Tennessee recorded it’s lowest ever rate at 3.0 percent, which held steady for three consecutive months.
Despite the uptick, Tennessee’s October 2024 rate is still well below the national unemployment rate of 4.1 percent.
County unemployment data will be released next week.
