Published: 7/25/2022

THE RATE AT WHICH PEOPLE LOOKED FOR NEW JOBS ACROSS TENNESSEE HELD STEADY IN JUNE, ACCORDING TO NEWLY RELEASED DATA FROM THE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT (TDLWD). THE LATEST STATISTICS ALSO SHOWED MORE PEOPLE WERE ON THE JOB ACROSS THE STATE IN JUNE COMPARED TO ANY OTHER MONTH ON RECORD. TENNESSEE’S SEASONALLY ADJUSTED UNEMPLOYMENT RATE FOR JUNE 2022 CAME IN AT 3.3%, WHICH MIRRORED THE RATE FROM MAY. ONE YEAR AGO, THE RATE WAS 1.1 PERCENTAGE POINTS HIGHER THAN THE LATEST NUMBER. EMPLOYERS ACROSS THE STATE ADDED 32,300 NEW NONFARM JOBS TO THEIR PAYROLLS BETWEEN MAY AND JUNE. THE LOCAL GOVERNMENT SECTOR SAW THE LARGEST INCREASE IN NEW HIRES. THE FINANCE AND INSURANCE AND THE EDUCATIONAL SERVICES SECTORS EXPERIENCED THE NEXT LARGEST INCREASES.