Tennessee?s economic recovery continued in June as the statewide unemployment rate decreased to 4.9%, according to the latest data by the Department of Labor and Workforce Development (TDLWD).
The state?s new rate is 0.1 of a percentage point lower than May?s statistic of 5%. Tennessee?s unemployment rate has been at 5.1%, or lower, for the last six months.
One year ago, Tennessee?s statewide unemployment rate stood at 9.3%, which is 4.4 percentage points higher than the June 2021 rate.
The national unemployment rate did increase slightly in June, up 0.1 of a percentage point to 5.9%. In a year-to-year comparison, the United States unemployment rate was down 5.2 percentage points from the previous year.