TN Unemployment Rate Unchanged In May

Tennessee’s unemployment rate stayed unchanged for the month of May. Just as in April, the unemployment rate for May was 3.5%. According to the Department of Labor and Workforce Development, between April and May, total nonfarm employment decreased by 1,800 jobs in the state. The largest declines were in the Professional and Business Services sector, followed by the Financial Activities sector and the Trade, Transportation, and Utilities sectors.

A year ago, the unemployment rate was 3.2% in May 2024. Still, Tennessee’s unemployment rate of 3.5% remains below the U.S. rate, which was 4.2% in May. The Department of Labor reminds those Tennessee residents looking for work, or maybe looking for a career change, they can find assistance at American Job Centers. The American Job Center can help those looking, find employment. They can also help you in training for new career opportunities. The closest American Job Center is located on Graduate Drive in Sevierville. However, the AJC makes regular appearances in Newport with thie mobile unit.

Individual county unemployment numbers will be released late next week.