Jobless Rate Down Double Digits from Tennessee?s All-Time High Rate in April 2020

Tennessee?s statewide unemployment rate for April 2021 decreased by double digits when compared to data from the previous year. In April 2020, the state?s jobless rate reached a record high during the economic disruption caused by the COVID-19 pandemic.
According to data released from the Department of Labor and Workforce Development, Tennessee?s preliminary, seasonally adjusted rate for April is 5%. That?s down 0.1 of a percentage point from March?s revised rate of 5.1%.
Unemployment reached an all-time high in April 2020, at the height of business closures due to the pandemic. The revised rate of 15.8% is 10.8 percentage points higher than where it stands one year later.
Between April 2020 and April 2021, Tennessee?s economy made a remarkable rebound with the addition of 287,400 jobs.
Nationally, seasonally adjusted unemployment increased slightly to 6.1%, up 0.1 of a percentage point from March?s revised rate of 6%. In a year-to-year comparison, the United States rate is down 8.7% from where it was in April 2020.

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