Tennessee’s economy continued to show signs of recovery from the COVID-19 health emergency in July. Newly released information from the Tennessee Department of Labor and Workforce Development revealed statewide unemployment decreased for the third consecutive month.
Tennessee’s preliminary, seasonally adjusted unemployment rate for July 2020 was 9.5%. That’s one tenth of a percentage point lower than June’s rate of 9.6%.
The latest jobless rate is 6.1 percentage points higher than it was a year ago in July 2019.