Nashville Metro Unemployment At Record Low
Judith Byrd, 615-862-6461; cell 615-761-6694
Mayor Briley Pledges Continued Focus on Creating Economic Opportunity
At 2.2%, the Nashville metro area is experiencing the lowest unemployment rate in its history and the lowest unemployment among the nation’s 51 largest metropolitan areas, according to data released Wednesday by the U.S. Bureau of Labor Statistics (BLS).
“Having the lowest unemployment rate in our history highlights Nashville’s tremendous prosperity and success. I am committed to continuing this success by creating new economic opportunities and working to build wealth for all of our residents,” said Mayor David Briley.
According to these BLS estimates, which are not seasonally adjusted, April marked the ninth consecutive month of unemployment under 3% in the Nashville metro area. The next longest streak of unemployment that low was in 1999, at five months. Falling unemployment is due largely to strong job growth in the region. BLS estimates that employers in the Nashville metro area have added more than 20,000 jobs since April 2017, and regional employment is on pace this year to exceed 1 million jobs for the first time ever. Only seven metro areas, all with populations under 1 million, recorded lower unemployment rates than Nashville this April.
In comparison, the national unemployment rate is 3.7%, not seasonally adjusted, down from 4.1% a year earlier.
Read the full Bureau of Labor Statistics report