Tennessee started the new year with little movement in its seasonally adjusted unemployment rate. New data from the Department of Labor and Workforce Development (TDLWD) showed the statewide jobless number inched up only 0.1 of a percentage point to 3.5%. December’s revised rate was 3.4%.
In a year-to-year comparison, the statewide unemployment rate increased by 0.1 of a percentage point.
Nationally, the seasonally adjusted unemployment rate remained unchanged at 3.7%. That number was 0.3 of a percentage point higher than the January 2023 statistic.