Tennessee starts 2021 with a decrease in unemployment
March 17, 2021
Tennessee started 2021 with a decrease in unemployment across the state. According to newly released data from the Department of Labor and Workforce Development (TDLWD), Tennessee recorded a jobless rate of 5.1% in January 2021.
The new seasonally adjusted rate represents a 0.5 of a percentage point drop from the December 2020 rate of 5.6%. The latest figure is just 1.4 percentage points higher than the statewide rate for January 2020, just months before the start of COVID-19’s impact on Tennessee’s economy.
Total nonfarm employment decreased by 2,100 jobs between December 2020 and...