Department of Numbers

Memphis, Tennessee Unemployment

The BLS reported that the unemployment rate for Memphis rose 0.2 percentage points in June 2010 to 10.4%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the Tennessee rate. The unemployment rate in Memphis peaked in June 2009 at 10.9% and is now 0.8 percentage points lower.

Unemployment Rate June 2010 Month/Month Year/Year
National 9.5% -0.2 0.0
Tennessee 10.1% -0.3 -0.8
Memphis 10.4% +0.2 -0.1
Note: Metro level data is not seasonally adjusted.1

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 67,534. There are now 3,438 fewer people unemployed in the metropolitan area. From a recent trough of 61,518 in May 2010, the number of unemployed has now grown by 2,578. Memphis employment and jobs data is also available.

Unemployed Persons June 2010 Month/Month Year/Year
Memphis 64,096 +2,578 -1,150

Number of Unemployed Persons

Memphis, Tennessee Unemployment History

Date National
Unemployment Rate
Tennessee
Unemployment Rate
Memphis
Unemployment Rate
Memphis
Unemployed
June
2010
9.5% 10.1% 10.4% 64,096
May
2010
9.7% 10.4% 10.2% 61,518
April
2010
9.9% 10.5% 10.4% 62,797
March
2010
9.7% 10.6% 10.6% 63,715
February
2010
9.7% 10.7% 10.9% 65,457
January
2010
9.7% 10.7% 11.2% 67,534
December
2009
10.0% 10.7% 10.4% 63,135
November
2009
10.0% 10.7% 10.2% 61,850
October
2009
10.1% 10.8% 10.3% 62,386
September
2009
9.8% 10.8% 10.4% 63,072
August
2009
9.7% 10.9% 10.5% 64,644
July
2009
9.4% 10.9% 10.5% 65,280
June
2009
9.5% 10.9% 10.5% 65,246

1. Metro area unemployment rates are not seasonally adjusted while state and national rates are. In practice this means the metro rates may be noisier on a month-to-month basis than the state and national series due to seasonal effects. It's probably better to use year-over-year comparisons.