According to data provided by the Tennessee Department of Labor & Workforce Development this afternoon, the state umployment rate continues to show signs of recovery and decreased for the third consecutive month.
The unemployment rate for the state was 9.5 percent in July, down slightly from the June rate of 9.6 percent. Employers across the state added 600 new jobs between June and July.
The state’s rate a year ago was 6.1 percent. Over the past year, nonfarm employment decreased by 160,600 jobs in Tennessee. The hardest-hit sectors were leisure/hospitality, manufacturing, and professional/business services.
The national unemployment rate for July 2020 was 10.2 percent, down from 11.1 percent in June.
County unmployment figures will be released next week.