Updated 11/15/19


 

Tennessee’s unemployment rate held steady in October.

The rate of 3.4 percent matches the previous month’s rate, according to data from the Tennessee Department of Labor and Workforce Development.

While Tennessee’s jobless rate remained the same between September and October, over the past year, Tennessee's seasonally adjusted unemployment rate experienced a slight uptick from 3.3 percent to 3.4 percent.

The current rate is still very close to the all-time low of 3.2 percent, which the state recorded earlier this year.

Between October 2018 and October of this year, Tennessee’s nonfarm employment increased by 38,900 jobs.

Nationally, seasonally adjusted unemployment experienced a slight uptick. October’s rate of 3.6 percent is 0.1 of a percentage point higher than the previous month’s rate of 3.5 percent.

The state of Tennessee will release October 2019 unemployment data for all 95 counties on Thursday, November 21st.