Lowest Unemployment Rate in Tennessee History

Tennessee’s unemployment for the month of July again made history with a 3.4 percent rate. This exceeds the previous month’s revised rate of 3.6 percent, which was the all-time low.
Over the past year, Tennessee’s unemployment rate fell one and four-tenths of a percentage point from 4.8 to 3.4 percent. The national rate declined from 4.9 percent to 4.3 percent, a six tenths of a percentage point change during the same 12-month span.