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The state unemployment rate for November is 3.5%. Eight counties were at 3% or below. ... Tennessee's unemployment rate is up slightly, but 91 of 94 counties still have a rate of less than 5% ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
U.S. states by net employment rate (% of population 16 and over) 2022 [1]; National rank State Employment rate in % (total population) Annual change (%)
In 2018, the state reported a total employment of 2,683,214, and a total number of 138,269 employer establishments. [3] For 2012, the state held an asset surplus of $533 million, one of only eight states in the nation to report a surplus. [4] Tennessee is a right to work state, as are most of its Southern neighbors. [5]
Unemployment in the state peaked in August 2009 at just 6.3%– a lower rate than many states currently have even after recovering many jobs following the end of the recession.
Here's a look at how weekly unemployment claims changed in Tennessee last week compared with the week prior.
Before 2011, every state in the country offered as many as 26 weeks of unemployment insurance, according to a 2022 Congressional Research Service report, but the Great Recession changed everything.
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.