NASHVILLE, Tenn. (WMOT) -- Tennessee’s unemployment rate dropped sharply in March to 6.3 percent, according to a new report from the State Department of Labor and Workforce Development.
The jobless rate fell three-tenths of one percent from the adjusted February reading of 6.6 percent. The national unemployment rate remained unchanged at 5.5 percent.
Tennessee’s jobless rate has remained essentially unchanged for the past year, hovering around 6.5 percent. During the same period, the national rate fell more than one full percentage point.