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Tennessee’s unemployment rate held steady in September

Unemployment in Tennessee remained unchanged between August and September, according to data released Thursday by the Department of Labor and Workforce Development (TDLWD). The state’s seasonally adjusted unemployment rate for September came in at 3.4% and is just 0.2 of a percentage point away from Tennessee’s all-time low rate of 3.2%.
 
One year ago, unemployment across the state stood at 3.8%, which is 0.4 of a percentage point higher than the current rate.
 
Tennessee employers created 13,700 new nonfarm jobs between August and September. The trade, transportation, and utilities sector had the largest number of new jobs, followed by the leisure and hospitality sector, and then the education and health services sector.
 
In a year-to-year comparison, the number of nonfarm jobs across the state increased by 140,200. The leisure and hospitality sector created the most jobs while the trade, transportation, and utilities sector, and the education and health services sector came next on the list.

Nationally, seasonally adjusted unemployment dropped in September. It was down 0.2 of a percentage point, coming in at 3.5% for the month.  One year ago, the United States unemployment rate was 4.7%

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