(The Center Square) – Tennessee’s unemployment rate rose slightly above a record low in September, rising to 3.2% after spending July and August at 3.1%.
The September rate was 0.2 percentage points lower than September 2022.
The national unemployment rate remained at 3.8% in September.
Average hourly wages in the state rose from $23.72 to $23.87 in September while there was an increase of 8,700 non-farm jobs. The largest job increase came in the mining, logging and construction sector followed by education and health services.
Over the past year, Tennessee increased non-farm employment by 54,000 jobs with education and health services leading the way followed by leisure and hospitality and government jobs.
Overall employment in the U.S. rose 2% over the past year compared to Tennessee’s 1.6% rise.
