Department of Numbers

Memphis, Tennessee Job Growth

There were 652,700 jobs in Memphis, Tennessee in November 2021 according to the CES survey of employers. The CPS survey of households showed 613,194 employed persons for the month. Memphis added 2,100 jobs in November 2021 according to the CES survey while the broader CPS measure of employment rose by 1,037 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey November 2021 Month/Month Year/Year
CES 652,700 +2,100 +19,300
CPS 613,194 +1,037 +10,498

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 657,800. Since then 5,100 jobs have been lost in Memphis according to the employer survey. From a trough of 593,400 in April 2020, Memphis has gained 59,300 jobs according to CES employment figures.

CPS employment reached a maximum of 619,075 for Memphis in August 2019. 5,881 jobs have been lost in Memphis since then according to the household survey. From a April 2020 low of 524,486, Memphis has added 88,708 jobs according to the CPS survey.

Employment: CES, CPS

CES and CPS employment chart through November 2021

Memphis, Tennessee Employment History

Date CES
Employment
CES
Month/Month
CPS
Employment
CPS
Month/Month
November 2021 652,700 2,100 613,194 1,037
October 2021 650,600 -200 612,157 97
September 2021 650,800 2,100 612,060 1,321
August 2021 648,700 2,300 610,739 1,743
July 2021 646,400 600 608,996 1,602
June 2021 645,800 1,900 607,394 1,099
May 2021 643,900 5,200 606,295 1,725
April 2021 638,700 -1,600 604,570 622
March 2021 640,300 6,200 603,948 -735
February 2021 634,100 1,100 604,683 -979
January 2021 633,000 -3,600 605,662 -291
December 2020 636,600 3,200 605,953 3,257