Department of Numbers

Memphis, Tennessee Job Growth

There were 620,200 jobs in Memphis, Tennessee in July 2015 according to the CES survey of employers. The CPS survey of households showed 576,455 employed persons for the month. Memphis lost 600 jobs in July 2015 according to the CES survey while the broader CPS measure of employment fell by 842 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey July 2015 Month/Month Year/Year
CES 620,200 -600 +5,100
CPS 576,455 -842 +16,506

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 June 2007 at 643,300. Since then 23,100 jobs have been lost in Memphis according to the employer survey. From a trough of 588,600 in September 2010, Memphis has gained 31,600 jobs according to CES employment figures.

CPS employment reached a maximum of 597,110 for Memphis in December 2006. 20,655 jobs have been lost in Memphis since then according to the household survey. From a December 2009 low of 544,822, Memphis has added 31,633 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through July 2015

Memphis, Tennessee Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
July 2015 620,200 -600 576,455 -842
June 2015 620,800 -1,200 577,297 536
May 2015 622,000 2,200 576,761 2,853
April 2015 619,800 500 573,908 4,003
March 2015 619,300 -1,500 569,905 3,505
February 2015 620,800 -1,400 566,400 4,871
January 2015 622,200 1,400 561,529 6,431
December 2014 620,800 2,100 555,098 -620
November 2014 618,700 0 555,718 -1,138
October 2014 618,700 500 556,856 -1,171
September 2014 618,200 900 558,027 -841
August 2014 617,300 2,200 558,868 -1,081