Department of Numbers

Memphis, Tennessee Unemployment

The BLS reported that the unemployment rate for Memphis fell 2.2 percentage points in May 2020 to 11.2%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Tennessee rate. The unemployment rate in Memphis peaked in April 2020 at 13.4% and is now 2.2 percentage points lower. You can also compare Memphis unemployment with unemployment in other cities.

Unemployment Rate May 2020 Month/Month Year/Year
National 13.3% -1.4 +9.7
Tennessee 11.0% -4.5 +7.5
Memphis 11.2% -2.2 +7.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2020 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Memphis, Tennessee, National

Memphis, Tennessee monthly unemployment rate chart

Note: Recessions shown in gray.

Memphis, Tennessee Unemployed

The number of people unemployed in Memphis peaked in April 2020 at 80,788. There are now 10,362 fewer people unemployed in the metropolitan area. Memphis employment and jobs data (including jobs lost/gained in Memphis, Tennessee) is also available.

Unemployed Persons May 2020 Month/Month Year/Year
Memphis 70,426 -10,362 +43,164

Number of Unemployed Persons

Memphis, Tennessee Unemployment History

Date National
Unemployment Rate
Tennessee
Unemployment Rate
Memphis
Unemployment Rate
Memphis
Unemployed
July
2020
10.2%
June
2020
11.1% 9.7%
May
2020
13.3% 11.0% 11.2% 70,426
April
2020
14.7% 15.5% 13.4% 80,788
March
2020
4.4% 3.3% 4.0% 26,170
February
2020
3.5% 3.4% 4.1% 26,512
January
2020
3.6% 3.3% 4.1% 26,329
December
2019
3.5% 3.3% 4.0% 26,146
November
2019
3.5% 3.3% 4.1% 26,306
October
2019
3.6% 3.3% 4.1% 26,482
September
2019
3.5% 3.3% 4.1% 26,707
August
2019
3.7% 3.4% 4.2% 26,963

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.