Nashville, TN Jobs Report
Real time jobs report data summary. Figures are based on the latest data provided by the Bureau of Labor Statistics (BLS.gov). All jobs numbers are for non-farm employment.
Though payrolls have grown every month so far in 2021, the economy remains more than 4 million jobs short of its pre-pandemic levels following plunges in employment between March and April of 2020.
The unemployment rate declined to 4.6 percent, from 4.8 percent. The October gain was an improvement from the 312,000 positions added in September.
The civilian labor force was still down by nearly 3 million individuals compared to February 2020 as of October. The labor force participation rate — the share of the working-age population employed or looking for a job — was flat in October. While job growth has struggled to keep pace with employer demand in recent months, the October report hinted at the start of some improvement on labor scarcities.
*The following chart displays the latest local job growth by sector compared to the previous month. Note that if a sector experienced losses or flat growth, it will not be displayed as part of the graphic.
BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov. The BLS defines a sector as a subset of the domestic economy and excludes the economic activities of the following: general government, private households, and nonprofit organizations serving individuals. A sector consists of multiple industries. The BLS defines an industry as a group of establishments that produce similar products or provide similar services. Multiple industries makeup sectors.