Department of Numbers

Memphis, Tennessee Unemployment

The BLS reported that the unemployment rate for Memphis fell 0.1 percentage points in December 2015 to 6.2%. For the same month, the metro unemployment rate was 0.6 percentage points higher than the Tennessee rate. The unemployment rate in Memphis peaked in July 2009 at 10.4% and is now 4.2 percentage points lower. You can also compare Memphis unemployment with unemployment in other cities.

Unemployment Rate December 2015 Month/Month Year/Year
National 5.0% 0.0 -0.6
Tennessee 5.6% +0.1 -1.0
Memphis 6.2% -0.1 -1.2
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with December 2015 data as January 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 25,650 fewer people unemployed in the metropolitan area. From a recent trough of 38,490 in November 2015, the number of unemployed has now grown by 210. Memphis employment and jobs data (including jobs lost/gained in Memphis, Tennessee) is also available.

Unemployed Persons December 2015 Month/Month Year/Year
Memphis 38,700 +210 -5,934

Number of Unemployed Persons

Memphis, Tennessee Unemployment History

Date National
Unemployment Rate
Tennessee
Unemployment Rate
Memphis
Unemployment Rate
Memphis
Unemployed
January
2016
4.9%
December
2015
5.0% 5.6% 6.2% 38,700
November
2015
5.0% 5.5% 6.3% 38,490
October
2015
5.0% 5.6% 6.3% 38,885
September
2015
5.1% 5.7% 6.4% 39,573
August
2015
5.1% 5.7% 6.4% 39,569
July
2015
5.3% 5.7% 6.8% 42,081
June
2015
5.3% 5.7% 6.7% 41,162
May
2015
5.5% 5.8% 6.8% 41,814
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

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.