Department of Numbers

Memphis, Tennessee Unemployment

The BLS reported that the unemployment rate for Memphis fell 0.4 percentage points in February 2014 to 8.4%. For the same month, the metro unemployment rate was 1.5 percentage points higher than the Tennessee rate. The unemployment rate in Memphis peaked in October 2009 at 10.5% and is now 2.1 percentage points lower. You can also compare Memphis unemployment with unemployment in other cities.

Unemployment Rate February 2014 Month/Month Year/Year
National 6.7% +0.1 -1.0
Tennessee 6.9% -0.3 -1.3
Memphis 8.4% -0.4 -0.7
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2014 data as March 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 December 2009 at 63,910. There are now 13,967 fewer people unemployed in the metropolitan area. Memphis employment and jobs data (including jobs lost/gained in Memphis, Tennessee) is also available.

Unemployed Persons February 2014 Month/Month Year/Year
Memphis 49,943 -2,231 -5,998

Number of Unemployed Persons

Memphis, Tennessee Unemployment History

Date National
Unemployment Rate
Tennessee
Unemployment Rate
Memphis
Unemployment Rate
Memphis
Unemployed
March
2014
6.7%
February
2014
6.7% 6.9% 8.4% 49,943
January
2014
6.6% 7.2% 8.8% 52,174
December
2013
6.7% 7.7% 9.3% 55,345
November
2013
7.0% 7.9% 9.5% 56,819
October
2013
7.2% 8.1% 9.5% 57,365
September
2013
7.2% 8.2% 9.4% 57,108
August
2013
7.2% 8.4% 9.3% 56,969
July
2013
7.3% 8.4% 9.4% 57,430
June
2013
7.5% 8.4% 9.5% 58,096
May
2013
7.5% 8.4% 9.5% 58,025
April
2013
7.5% 8.3% 9.3% 56,985
March
2013
7.5% 8.3% 9.2% 56,487

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.