Published: September 19, 2021

AS TENNESSEE'S ECONOMY CONTINUES TO REBOUND, THE STATE HAS EXPERIENCED THREE CONSECUTIVE MONTHS OF LOWER UNEMPLOYMENT, ACCORDING TO NEWLY RELEASED DATA FROM THE DEPARTMENT OF LABOR AND WORKFORCE DEVELOPMENT. THE PRELIMINARY, SEASONALLY ADJUSTED STATEWIDE UNEMPLOYMENT RATE FOR AUGUST CAME IN AT 4.6%, 0.1 OF A PERCENTAGE POINT LOWER THAN JULY'S REVISED RATE OF 4.7%. JUNE'S UNEMPLOYMENT RATE WAS 4.9%. EMPLOYERS BROUGHT AN ADDITIONAL 4,400 EMPLOYEES INTO THE WORKFORCE BETWEEN JULY AND AUGUST WITH THE MANUFACTURING SECTOR HAVING THE LARGEST INCREASE IN EMPLOYMENT.