State officials on Thursday released the statewide unemployment rate for July 2018, and for the third consecutive month the statistic has held steady at 3.5 percent.
Tennessee’s seasonally adjusted unemployment rate has not only remained unchanged since May, it mirrors the 3.5 percent recorded during the same time period in 2017.
Companies also continued the trend of new job creation across the state. Between June and July, Tennessee employers bolstered the state’s economy by adding 2,500 new nonfarm jobs.
Over the year, nonfarm employment in Tennessee has increased by 56,300 jobs. The largest increases occurred in the state’s leisure/hospitality, professional/business services, and education/health services sectors.
Tennessee July Unemployment
Aug 17, 2018 | 5:00 AM