South region · state data

Tennessee unemployment rate and jobs

Tennessee's unemployment rate was 3.4% in Sep 2026, 0.8 percentage points below the U.S. rate of 4.2%. That was down from 3.5% a year earlier.

Source: U.S. Bureau of Labor Statistics (Local Area Unemployment Statistics and Current Employment Statistics) via FRED®. Monthly data, seasonally adjusted. Latest observation Sep 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.

Unemployment rate (Sep 2026)

3.4%

U.S. rate, same month

4.2%

Difference from U.S.

-0.8 pt

A year earlier

3.5%

Rank (1 = lowest rate)

14th of 51

Nonfarm jobs (Sep 2026)

3.39 million

Job growth, 12 months

+0.8%

Record low rate

3.2% (Apr 2024)

Unemployment rate: Tennessee vs. the U.S.

3.4% Sep 2026 · Percent

3.0%3.5%4.0%4.5%20222023202420252026

Tennessee unemployment rate U.S. unemployment rate

Percent of the labor force, seasonally adjusted. Tennessee data from Jan 1976 to Sep 2026; the dashed line is the national rate (UNRATE).

How Tennessee compares

In Sep 2026, Tennessee had the 14th lowest rate of the 51 states and DC (tied with Indiana, North Carolina, Ohio). Across the 16 states and DC in the South region, the simple average was 4.0%, so Tennessee was 0.6 points below it.

Since the state series began in 1976, Tennessee's rate has ranged from a low of 3.2% in Apr 2024 to a high of 15.7% in Apr 2020. The latest reading is within 0.2 points of the record low. Just before the pandemic, in February 2020, it was 3.5%, 0.1 points higher than now. Over the last 12 months the rate averaged 3.5% and was above the national rate in 0 of them.

Jobs in Tennessee

Employers in Tennessee reported 3.39 million nonfarm payroll jobs in Sep 2026, seasonally adjusted. That is 28,400 more than a year earlier (+0.8%), compared with +0.3% for the nation as a whole. Its 12-month job growth rate ranked 16th of 51. The job count is at its highest level since the series began in 1990. Compared with February 2020, payrolls are up 7.4%.

3,388.2K Sep 2026 · Thousands of persons

3,100K3,200K3,300K3,400K20222023202420252026

Total nonfarm payroll jobs, thousands, seasonally adjusted, from the BLS survey of employers. Data from Jan 1990.

Last 12 months in Tennessee
MonthUnemployment rateU.S. rateNonfarm jobsMonthly job change
Sep 20263.4%4.2%3.39 million+2,500
Aug 20263.4%4.1%3.39 million+3,200
Jul 20263.4%4.1%3.38 million-3,000
Jun 20263.5%4.2%3.39 million+2,700
May 20263.6%4.3%3.38 million+6,300
Apr 20263.6%4.3%3.38 million+1,600
Mar 20263.6%4.3%3.37 million+8,100
Feb 20263.6%4.4%3.37 million-9,100
Jan 20263.5%4.3%3.38 million+5,700
Dec 20253.6%4.4%3.37 million+4,200
Nov 20253.6%4.5%3.37 million+6,200
Sep 20253.5%4.4%3.36 million-8,100

Record high unemployment rate: 15.7% (Apr 2020). Monthly figures are revised each year when BLS benchmarks the state data.

States with similar unemployment rates

Other South states

This page shows public labor market data for general information. It is not financial or career advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor the U.S. Bureau of Labor Statistics endorses OpenEcon.