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

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