Memphis, Tennessee Job Growth

There were 603,500 jobs in Memphis, Tennessee in March 2012 according to the CES survey of employers. The CPS survey of households showed 570,099 employed persons for the month. Memphis lost 1,300 jobs in March 2012 according to the CES survey while the broader CPS measure of employment fell by 1,661 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey	March 2012	Month/Month	Year/Year
CES	603,500	-1,300	+12,600
CPS	570,099	-1,661	+17,882

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 chart below shows the monthly job growth for Memphis as measured by the CES survey. To illustrate the trend, the 3 month moving average change in employment is shown in green. The CPS data is not shown since it is not seasonally adjusted at the metropolitan level.

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 38,400 jobs have been lost in Memphis according to the employer survey. From a trough of 585,400 in September 2010, Memphis has gained 18,100 jobs according to CES employment figures.

CPS employment reached a maximum of 584,219 for Memphis in September 2007. 14,120 jobs have been lost in Memphis since then according to the household survey. From a October 2010 low of 546,576, Memphis has added 23,523 jobs according to the CPS survey.

Employment: CES, CPS

Memphis, Tennessee Employment History

Date	CES Employment	CES Month/Month	CPS Employment	CPS Month/Month
March 2012	603,500	-1,300	570,099	-1,661
February 2012	604,800	2,700	571,760	49
January 2012	602,100	-3,900	571,711	1,378
December 2011	606,000	800	570,333	3,490
November 2011	605,200	9,300	566,843	3,632
October 2011	595,900	700	563,211	2,118
September 2011	595,200	0	561,093	1,553
August 2011	595,200	500	559,540	2,037
July 2011	594,700	3,300	557,503	1,095
June 2011	591,400	-400	556,408	-138
May 2011	591,800	-1,700	556,546	1,808
April 2011	593,500	2,600	554,738	2,521
March 2011	590,900	0	552,217	2,593