Department of Numbers

Memphis, Tennessee Job Growth

There were 643,500 jobs in Memphis, Tennessee in May 2017 according to the CES survey of employers. The CPS survey of households showed 602,079 employed persons for the month. Memphis lost 2,900 jobs in May 2017 according to the CES survey while the broader CPS measure of employment fell by 573 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey May 2017 Month/Month Year/Year
CES 643,500 -2,900 +6,300
CPS 602,079 -573 +12,386

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 March 2017 at 646,400. Since then 2,900 jobs have been lost in Memphis according to the employer survey.

CPS employment reached a maximum of 602,652 for Memphis in April 2017. 573 jobs have been lost in Memphis since then according to the household survey.

Employment: CES, CPS

CES and CPS employment chart through May 2017

Memphis, Tennessee Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
May 2017 643,500 -2,900 602,079 -573
April 2017 646,400 0 602,652 2,426
March 2017 646,400 4,500 600,226 3,684
February 2017 641,900 -200 596,542 2,797
January 2017 642,100 -2,600 593,745 1,123
December 2016 644,700 -300 592,622 -145
November 2016 645,000 2,300 592,767 -160
October 2016 642,700 1,400 592,927 308
September 2016 641,300 2,400 592,619 868
August 2016 638,900 0 591,751 1,157
July 2016 638,900 1,700 590,594 732
June 2016 637,200 0 589,862 169