Overall unemployment rate moved down to 3.3% with the biggest shift in Government, which gained 900 roles, based on the most recently available information published in April 2022.

Total employment in the Chattanooga, TN-GA market rose by 3,101 jobs in February and the unemployment rate decreased compared to the prior month by 40 bps to 3.3%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.

  • Chattanooga, TN-GA unemployment rate is 84 bps below the national rate which is a positive sign.
  • Unemployment in the market is 80 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in February versus prior month by 8.8% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Chattanooga, TN-GA Unemployment February 2022

For key employment segments of the market, total jobs grew by 0.9% . Key sectors include:

  • Transportation & Utilities: 55,200; +400
  • Government: 37,200; +900
  • Manufacturing: 36,800; +400
  • Education & Healthcare: 34,700; +700
  • Restaurants & Hotels: 28,200; +300
  • Business Services: 26,700; -500
  • Financial Services: 21,000; no change
  • Other Jobs: 12,600; no change
  • Construction, Mining: 11,500; +100
  • IT & Development: 3,000; no change
Chattanooga, TN-GA Unemployment by Industry February 2022

Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.