A recent study examined the effects of broadband speed on unemployment rates in 95 Tennessee counties between 2011 and 2015. The study found that access to high-speed broadband can significantly reduce unemployment rates, especially in rural counties. The table below highlights the differences between counties with low-speed internet versus those with high-speed internet. As shown, the counties with high-speed internet had an unemployment rate of 7.07%. Counties with low-speed internet, which tended to also be more rural, had a much higher unemployment rate of 9.18%.

Source: Broadband Speed and Unemployment Rates: Data Measurement and Issues