Department of Numbers

Memphis, Tennessee Job Growth

There were 670,700 jobs in Memphis, Tennessee in September 2022 according to the CES survey of employers. The CPS survey of households showed 619,376 employed persons for the month. Memphis added 3,600 jobs in September 2022 according to the CES survey while the broader CPS measure of employment fell by 816 (Comparing CES and CPS employment numbers.). You can also compare Memphis job growth to job growth in other cities.

Employment Survey September 2022 Month/Month Year/Year
CES 670,700 +3,600 +25,800
CPS 619,376 -816 +13,071

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 in September 2022 is at a new high of 670,700.

CPS employment reached a maximum of 621,278 for Memphis in June 2022. 1,902 jobs have been lost in Memphis since then according to the household survey.

Employment: CES, CPS

CES and CPS employment chart through September 2022

Memphis, Tennessee Employment History

Date CES
Employment		 CES
Month/Month		 CPS
Employment		 CPS
Month/Month
September 2022 670,700 3,600 619,376 -816
August 2022 667,100 400 620,192 -817
July 2022 666,700 2,700 621,009 -269
June 2022 664,000 4,200 621,278 1,106
May 2022 659,800 -1,100 620,172 1,436
April 2022 660,900 1,800 618,736 2,738
March 2022 659,100 2,000 615,998 2,858
February 2022 657,100 300 613,140 2,989
January 2022 656,800 3,500 610,151 2,551
December 2021 653,300 2,900 607,600 -256
November 2021 650,400 3,200 607,856 108
October 2021 647,200 2,300 607,748 1,443

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