State Jobless Rate Holds Near Historic Lows

Tennessee's unemployment rate remained near historic lows in September, mirroring the rate of 3.6 percent in August. Tennessee employers added 8,600 new nonfarm jobs between August and September, including 2,300 new manufacturing positions. In the past year, Tennessee employers have created nearly 64,000 net new jobs.

“For well over a year now Tennessee’s unemployment rate has reflected the state’s strong economy and our skilled workforce,” Gov. Bill Haslam said. “In Tennessee, we make things, and employers know that we have a workforce ready for the needs of the manufacturing industry. That, plus our business-friendly environment, is attracting more and more new employers to the state, creating new job opportunities for our citizens.”

Source: State of Tennessee, ECD

The East Tennessee Economic Development Agency markets and recruits business for the 15 counties in the greater Knoxville-Oak Ridge region of East Tennessee. Visit www.eteda.org

Published October 26, 2018