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

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