Department of Numbers

Memphis, Tennessee Job Growth

There were 656,000 jobs in Memphis, Tennessee in February 2019 according to the CES survey of employers. The CPS survey of households showed 616,822 employed persons for the month. Memphis lost 700 jobs in February 2019 according to the CES survey while the broader CPS measure of employment rose by 1,924 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey February 2019 Month/Month Year/Year
CES 656,000 -700 +11,000
CPS 616,822 +1,924 +5,034

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 January 2019 at 656,700. Since then 700 jobs have been lost in Memphis according to the employer survey.

CPS employment reached a maximum of 618,442 for Memphis in July 2018. 1,620 jobs have been lost in Memphis since then according to the household survey. From a September 2018 low of 614,044, Memphis has added 2,778 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through February 2019

Memphis, Tennessee Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
February 2019 656,000 -700 616,822 1,924
January 2019 656,700 900 614,898 -2,246
December 2018 655,800 1,700 617,144 -77
November 2018 654,100 1,500 617,221 2,528
October 2018 652,600 2,000 614,693 649
September 2018 650,600 400 614,044 -3,402
August 2018 650,200 1,300 617,446 -996
July 2018 648,900 0 618,442 1,628
June 2018 648,900 800 616,814 2,342
May 2018 648,100 2,900 614,472 111
April 2018 645,200 -1,100 614,361 433
March 2018 646,300 1,300 613,928 2,140