As Tennessee?s economy continues to rebound, the state has experienced three consecutive months of lower unemployment, according to newly released data from the Department of Labor and Workforce Development (TDLWD).
The preliminary, seasonally adjusted statewide unemployment rate for August came in at 4.6%, 0.1 of a percentage point lower than July?s revised rate of 4.7%. June?s unemployment rate was 4.9%.
Unemployment across the state last month was 3.5 percentage points lower than it was in August 2020.
Employers brought an additional 4,400 employees into the workforce between July and August.
The unemployment situation also improved throughout the nation in August. The seasonally adjusted rate for the United States dropped 0.2 of a percentage point from 5.4% to 5.2%. The latest rate is down 3.2 percentage points from this time last year.