Tennessee?s unemployment rate for February 2021 has reached near pre-pandemic levels, according to data released by the Department of Labor and Workforce Development.
February?s statewide, seasonally adjusted unemployment rate is 4.9%, which is just one percentage point higher than it was in February 2020, one month before the COVID-19 health crisis created an economic slowdown across Tennessee.
Overall, unemployment in Tennessee is down 0.2 of a percentage point from January?s revised rate of 5.1%.
When compared to February?s nationwide seasonally adjusted rate of 6.2%, unemployment in Tennessee is 1.3 percentage points lower than the national average.
The national unemployment rate for February is down 0.1 of a percentage point from January but still represents a 2.7 percentage point increase when compared to the February 2020 number.