Tennessee's Unemployment Rate for July 4.3 Percent

NASHVILLE – Tennessee Labor & Workforce Development Commissioner Burns Phillips announced today the Tennessee preliminary unemployment rate for July was 4.3 percent, up two-tenths of a percentage point from the June revised rate of 4.1 percent. Even with a slight increase this month, the unemployment rate in Tennessee has declined 1.3 percent since July of 2015, which is more than three times as much as the national rate. The U.S. preliminary rate for July was 4.9 percent, unchanged from the previous month.

Economic Summary

• Over the past year, Tennessee's unemployment rate decreased from 5.6 percent to 4.3 percent while the national rate declined from 5.3 percent to 4.9 percent.
• Total nonfarm employment increased 4,800 jobs from June to July. The largest increases occurred in mining/logging/construction, government, & other services.
• Over the year, seasonally adjusted nonfarm employment increased 58,600 jobs. The largest increases occurred in education/health services, manufacturing, & trade/transportation/utilities.

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