Tennessee unemployment rate drops to 5.3% in November


Tennessee’s unemployment rate dropped 2 percentage points in November, landing at 5.3%, the Tennessee Department of Labor and Workforce Development announced Thursday.

The current rate now is only 2 percentage points higher than in March and is 10.2 percentage points lower than the April unemployment rate – at the peak of COVID-19-related shutdowns.

Tennessee’s unemployment rate is below the national unemployment rate of 6.7%. It also is only 2 percentage points higher than the unemployment rate in November 2019.

About 2,100 Tennesseans returned to work between October and November, with the largest new hires occurring in the manufacturing sector. The leisure and hospitality industry continues to be most affected.

View original Post


Please enter your comment!
Please enter your name here