Department of Numbers

Memphis, Tennessee Job Growth

There were 589,400 jobs in Memphis, Tennessee in April 2020 according to the CES survey of employers. The CPS survey of households showed 524,476 employed persons for the month. Memphis lost 68,600 jobs in April 2020 according to the CES survey while the broader CPS measure of employment fell by 100,546 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey April 2020 Month/Month Year/Year
CES 589,400 -68,600 -64,300
CPS 524,476 -100,546 -92,699

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 February 2020 at 658,000. Since then 68,600 jobs have been lost in Memphis according to the employer survey.

CPS employment reached a maximum of 625,022 for Memphis in March 2020. 100,546 jobs have been lost in Memphis since then according to the household survey.

Employment: CES, CPS

CES and CPS employment chart through April 2020

Memphis, Tennessee Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
April 2020 589,400 -68,600 524,476 -100,546
March 2020 658,000 0 625,022 6,829
February 2020 658,000 1,200 618,193 -958
January 2020 656,800 1,800 619,151 -866
December 2019 655,000 200 620,017 59
November 2019 654,800 -200 619,958 82
October 2019 655,000 -900 619,876 233
September 2019 655,900 -1,400 619,643 408
August 2019 657,300 1,600 619,235 542
July 2019 655,700 2,200 618,693 550
June 2019 653,500 -900 618,143 525
May 2019 654,400 700 617,618 443