Tennessee's Unemployment Rate for May 4.1%

NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for May was 4.1 percent, two-tenths of a percentage point decrease from the April revised rate of 4.3 percent. The U.S. preliminary rate for May was 4.7 percent, down three-tenths of a percentage point from the previous month. 

Economic Summary

• Over the past year, Tennessee's unemployment rate decreased from 5.8 percent to 4.1 percent while the national rate declined from 5.5 percent to 4.7 percent.
• Total nonfarm employment decreased 13,400 jobs from April to May. The largest decreases occurred in government, leisure/hospitality, & professional/business services.
• Over the year, nonfarm employment increased 60,900 jobs. The largest increases occurred in education/health services, trade/transportation/utilities, & manufacturing.

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