Tennessee Unemployment Rate 3.4 for 

Tennessee Unemployment Rate came in at 3.4 (Percent) for Jul 2026, down 2.86% from 3.5 the prior month and 2.86% below its level of 3.5 one year ago. The series has averaged 6.03 since 1976, reaching a record high of 15.7 in April 2020 and a record low of 3.2 in April 2024.

Source: Federal Reserve Economic Data (FRED), St. Louis Fed

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Cite this data: "Tennessee Unemployment Rate," MarketXLS. Data from Federal Reserve Economic Data (FRED), St. Louis Fed. marketxls.com/indicators/tennessee-unemployment-rate

Historical Data

July 1, 20263.4
June 1, 20263.5
May 1, 20263.6
April 1, 20263.6
March 1, 20263.6
February 1, 20263.6
January 1, 20263.5
December 1, 20253.6
November 1, 20253.6
September 1, 20253.5
August 1, 20253.5
July 1, 20253.5
June 1, 20253.5
May 1, 20253.5
April 1, 20253.5
March 1, 20253.5
February 1, 20253.5
January 1, 20253.5
December 1, 20243.5
November 1, 20243.6
March 1, 20014.1
February 1, 20014
January 1, 20014
December 1, 20003.9
November 1, 20003.9
October 1, 20003.9
September 1, 20003.9
August 1, 20003.9
July 1, 20003.9
June 1, 20003.9
May 1, 20003.8
April 1, 20003.8
March 1, 20003.7
February 1, 20003.7
January 1, 20003.7
December 1, 19993.8
November 1, 19993.8
October 1, 19993.9
September 1, 19993.9
August 1, 19993.9

About Tennessee Unemployment Rate

What it measures

Tennessee's unemployment rate, FRED series TNUR, is estimated monthly and seasonally adjusted through the BLS Local Area Unemployment Statistics program. The state has become a Southern manufacturing and logistics powerhouse, with major auto assembly plants, Nashville's large healthcare management industry, and the FedEx global air hub in Memphis.

Why it matters

The series reads on three cyclical engines at once: auto production, package and freight volumes through Memphis, and healthcare services employment centered in Nashville. Tennessee's no-income-tax, low-cost model has attracted steady business relocation, so its jobless rate also tests whether the Southern manufacturing renaissance continues to generate net hiring.

How to read it

Benchmark against the national unemployment rate, which Tennessee has frequently undercut in recent years. Auto plant shutdowns and freight slowdowns can each lift the rate temporarily, so identify which driver is moving before drawing conclusions. A durable rise above the US average would signal cracks in the state's relocation-driven growth.

Frequently Asked Questions

What is the current Tennessee Unemployment Rate?

Tennessee Unemployment Rate is 3.4 (Percent) as of July 2026.

What is the all-time high and low of Tennessee Unemployment Rate?

The highest value on record is 15.7 (April 2020) and the lowest is 3.2 (April 2024).

How often is Tennessee Unemployment Rate updated?

Tennessee Unemployment Rate is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).

Basic info
Unemployment Rate in Tennessee
RegionUnited States
FrequencyMonthly
Last updatedAugust 26, 2026
Seasonal adjustmentSeasonally Adjusted
UnitPercent

Stats
Last Value3.4
Latest PeriodJul 2026
Last UpdatedAugust 26 2026, 04:14
Value Previous Month3.5
Change From Previous Month-2.86%
Value 1 Year Ago3.5
Change From Year Ago-2.86%
Average Growth Rate-1.12%/yr
Record High (Apr 2020)15.7
Record Low (Apr 2024)3.2
Long-Term Average6.03
FrequencyMonthly
AdjustmentSeasonally Adjusted
UnitPercent

Annual Averages
20263.54
20253.52
20243.38
20233.25
20223.35
20214.44
20207.49
20193.33
20183.5
20173.73
20164.74
20155.53

Related Indicators
Nonfarm Payrolls
All Employees, Total Private
All Employees, Goods-Producing
All Employees, Service-Providing
All Employees, Government
Unemployment Rate
Initial Jobless Claims
Average Weeks Unemployed
Job Openings: Total Nonfarm
Hires: Total Nonfarm
Total Separations: Total Nonfarm
Quits: Total Nonfarm