Knoxville, TN Metro Area: Unemployment Rate Trend
How Knoxville, TN Metro Area's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
6.1%
2023
3.9%
Total change
-2.2 pp
% change
-36.1%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 6.1% | — |
| 2019 | 4.9% | -1.2 pp (-19.7%) |
| 2020 | 4.8% | -0.1 pp (-2%) |
| 2021 | 4.6% | -0.2 pp (-4.2%) |
| 2022 | 4.2% | -0.4 pp (-8.7%) |
| 2023 | 3.9% | -0.3 pp (-7.1%) |