Published: 6/20/2022

PRELIMINARY DATA FROM THE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT INDICATED TENNESSEE’S UNEMPLOYMENT RATE FOR MAY INCREASED SLIGHTLY FROM APRIL’S RECORD-BREAKING NUMBER. THE SEASONALLY ADJUSTED STATEWIDE RATE FOR THE MONTH WAS 3.3%, 0.1 OF A PERCENTAGE POINT HIGHER THAN THE PREVIOUS MONTH’S REVISED FIGURE. ACCORDING TO A PRESS RELEASE, TENNESSEE SAW AN INCREASE IN THE NUMBER OF CITIZENS WHO WERE EMPLOYED IN MAY, UP NEARLY 15,000 WORKERS AND THE STATE’S LABOR FORCE PARTICIPATION RATE ALSO SURPASSED 61% FOR THE FIRST TIME IN OVER TWO YEARS. TENNESSEE EMPLOYERS ADDED 3,700 NONFARM JOBS TO THEIR PAYROLLS BETWEEN APRIL AND MAY AND THE CONSTRUCTION SECTOR ADDED THE MOST JOBS. FOR MORE INFORMATION GO TO TN.GOV.