Department of Numbers

Memphis, Tennessee Unemployment

The BLS reported that the unemployment rate for Memphis rose 0.4 percentage points in May 2015 to 6.8%. For the same month, the metro unemployment rate was 1.0 percentage points higher than the Tennessee rate. The unemployment rate in Memphis peaked in July 2009 at 10.4% and is now 3.6 percentage points lower. From a post peak low of 6.4% in April 2015, the unemployment rate has now grown by 0.4 percentage points. You can also compare Memphis unemployment with unemployment in other cities.

Unemployment Rate May 2015 Month/Month Year/Year
National 5.5% +0.1 -0.8
Tennessee 5.8% -0.2 -0.7
Memphis 6.8% +0.4 -0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2015 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Memphis, Tennessee, National

Memphis, Tennessee monthly unemployment rate chart

Note: Recessions shown in gray.

Memphis, Tennessee Unemployed

The number of people unemployed in Memphis peaked in January 2010 at 64,350. There are now 22,494 fewer people unemployed in the metropolitan area. From a recent trough of 39,461 in April 2015, the number of unemployed has now grown by 2,395. Memphis employment and jobs data (including jobs lost/gained in Memphis, Tennessee) is also available.

Unemployed Persons May 2015 Month/Month Year/Year
Memphis 41,856 +2,395 -3,827

Number of Unemployed Persons

Memphis, Tennessee Unemployment History

Date National
Unemployment Rate
Tennessee
Unemployment Rate
Memphis
Unemployment Rate
Memphis
Unemployed
June
2015
5.3% 5.7%
May
2015
5.5% 5.8% 6.8% 41,856
April
2015
5.4% 6.0% 6.4% 39,461
March
2015
5.5% 6.3% 6.6% 39,956
February
2015
5.5% 6.6% 7.0% 42,795
January
2015
5.7% 6.7% 7.4% 44,981
December
2014
5.6% 6.6% 7.4% 44,634
November
2014
5.8% 6.6% 7.5% 45,086
October
2014
5.7% 6.6% 7.5% 45,161
September
2014
5.9% 6.6% 7.6% 46,157
August
2014
6.1% 6.6% 7.8% 47,462
July
2014
6.2% 6.6% 7.8% 47,412

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.