Unemployment Rates For TN Dropped Slightly In March
The Easter bunny may be on the way to your house this weekend, but he already left a little something in the Easter basket for the state of Tennessee in the form of a little lower statewide unemployment rate. The unemployment rate for the state of Tennessee last month dipped slightly from 3.7% in February to 3.6% in March.
The Department of Labor and Workforce Development says the state’s unemployment rate had been 3.7% for six months in a row before falling one tenth of a percent last month. One year ago in March 2024, the unemployment rate was lower at 3.1%. Individual county unemployment numbers for March will be released late next week.
The state’s 3.6 % unemployment rate remains well below the national average. The US unemployment rate went up in March. It was 4.1% in February but rose to 4.2% last month. The Tennessee Department of Labor and Workforce Development says that those who are looking for work have several tools at their disposal by going to the website https://www.tn.gov/content/tn/jobs4tn.html
Job seekers and Tennesseans considering a career change can find valuable labor market information to help guide their career decisions. There, they will find the state’s top industries and the average wages for workers in their area. They also can find the American Job Center closest to them, where they can access free internet, attend workshops, find job placement assistance, and receive no-cost job training.