Department of Numbers

Memphis, Tennessee Job Growth

There were 607,500 jobs in Memphis, Tennessee in August 2014 according to the CES survey of employers. The CPS survey of households showed 541,728 employed persons for the month. Memphis lost 3,100 jobs in August 2014 according to the CES survey while the broader CPS measure of employment fell by 3,666 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey August 2014 Month/Month Year/Year
CES 607,500 -3,100 +4,100
CPS 541,728 -3,666 -2,356

Note: The CPS survey data is now seasonally adjusted at the metropolitan level by with the new BLS SSA series.

Memphis, Tennessee Employment Changes

The charts below show the monthly job growth for Memphis as measured by the CES and CPS surveys. To illustrate the trend, the 3 month moving average change in employment is shown in green.

CES Employment Change: 1 Month, Rolling 3 Month

CPS Employment Change: 1 Month, Rolling 3 Month

Total Employment for Memphis, Tennessee

CES employment for Memphis peaked in September 2007 at 641,900. Since then 34,400 jobs have been lost in Memphis according to the employer survey. From a trough of 587,600 in September 2010, Memphis has gained 19,900 jobs according to CES employment figures.

CPS employment reached a maximum of 589,542 for Memphis in July 2007. 47,814 jobs have been lost in Memphis since then according to the household survey. From a December 2013 low of 539,757, Memphis has added 1,971 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through August 2014

Memphis, Tennessee Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
August 2014 607,500 -3,100 541,728 -3,666
July 2014 610,600 1,000 545,394 -2,355
June 2014 609,600 -1,100 547,749 -716
May 2014 610,700 900 548,465 1,150
April 2014 609,800 800 547,315 1,203
March 2014 609,000 0 546,112 1,695
February 2014 609,000 500 544,417 1,667
January 2014 608,500 3,200 542,750 2,993
December 2013 605,300 200 539,757 -518
November 2013 605,100 1,800 540,275 -932
October 2013 603,300 -1,300 541,207 -1,245
September 2013 604,600 1,200 542,452 -1,632
August 2013 603,400 -300 544,084 -1,999