Memphis, Tennessee Job Growth
There were 632,000 jobs in Memphis, Tennessee in November 2020 according to the CES survey of employers. The CPS survey of households showed 617,609 employed persons for the month. Memphis lost 300 jobs in November 2020 according to the CES survey while the broader CPS measure of employment rose by 22,929 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.
Employment Survey | November 2020 | Month/Month | Year/Year |
---|---|---|---|
CES | 632,000 | -300 | -22,800 |
CPS | 617,609 | +22,929 | -2,349 |
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 26,000 jobs have been lost in Memphis according to the employer survey. From a trough of 584,900 in April 2020, Memphis has gained 47,100 jobs according to CES employment figures.
CPS employment reached a maximum of 625,022 for Memphis in March 2020. 7,413 jobs have been lost in Memphis since then according to the household survey. From a April 2020 low of 522,221, Memphis has added 95,388 jobs according to the CPS survey.
Employment: CES, CPS
Memphis, Tennessee Employment History
Date | CES Employment |
CES Month/Month |
CPS Employment |
CPS Month/Month |
---|---|---|---|---|
November 2020 | 632,000 | -300 | 617,609 | 22,929 |
October 2020 | 632,300 | 8,500 | 594,680 | -578 |
September 2020 | 623,800 | 5,400 | 595,258 | 6,881 |
August 2020 | 618,400 | 4,900 | 588,377 | 44,388 |
July 2020 | 613,500 | 3,700 | 543,989 | -727 |
June 2020 | 609,800 | 9,000 | 544,716 | -13,110 |
May 2020 | 600,800 | 15,900 | 557,826 | 35,605 |
April 2020 | 584,900 | -73,100 | 522,221 | -102,801 |
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 |