What lies ahead? New unemployment claims decreased by 7.3% week-over-week on March 27 despite high inflation and the threat of a recession. WalletHub just released updated rankings for the States Where Unemployment Claims Are Decreasing the Most, and Tennessee is #12 of the 50 states. By the way, neighboring Kentucky was in the #1 position of enjoying the greatest decrease in unemployment.
The U.S. has reduced unemployment from record highs during the COVID-19 pandemic back to historic low .