Memphis, TN-MS-AR
| Data Series | May 2021 | Sept 2021 |
|---|---|---|
| Unemployment Rate(2) | 6.3 | (p)4.9 |
| Nonfarm Wage and Salary Employment | ||
| Total Nonfarm(3) | 645.3 | 651.0 |
| 12-month % change | 7.1 | 4.5 |
Contents
What is the job market like in Memphis?
Job Market
| Memphis, TN | United States | |
|---|---|---|
| Current Unemployment | 8.0% | 6.0% |
| Future Job Growth | 36.6% | 33.5% |
| Recent Job Growth | -5.9% | -6.2% |
| 3 Yr. Job Growth | -3.3% | -3.6% |
What state has the highest unemployment rate?
Nevada and California had the highest unemployment rate in October at 7.3% each, followed by New Jersey at 7%. Nebraska and Utah had the lowest rates, at 1.9% and 2.2%, respectively. The map below shows the most recent unemployment rate for every state, according to BLS data.
How many jobs are available in Memphis?
There were 651,000 jobs in Memphis, Tennessee in September 2021 according to the CES survey of employers. The CPS survey of households showed 612,060 employed persons for the month.
What is it like living in Memphis Tennessee?
Residents of Memphis enjoy mild winters, great sunny summers, and beautiful fall and spring weather conditions. The annual high temperature average is 72.4 degrees with an annual low temperature average of 53.6.Tech Growth – Memphis has been named in the top 10 cities in the country in terms of growth in Tech jobs.
Is Memphis Tennessee growing?
The state grew by 8.9% — exceeding the 7.4% national rate — and increased to 6.9 million residents in 2020 from 6.3 million reported in 2010.
What state has the most job opportunities 2021?
Washington. Despite its unemployment rate of 8.4%, Washington is among the states with the most job opportunities. This destination is great for Americans looking for their first employment as it has a strong average starting salary.
What state has the highest unemployment 2021?
Alaska has the highest unemployment rate of 6.10%. This, however, is lower than its 2018 unemployment rate of 7.30%.
Unemployment Rate by State 2021.
| State | Unemployment Rate |
|---|---|
| Kansas | 4.90% |
| New Hampshire | 4.70% |
| Alabama | 4.60% |
| Oklahoma | 4.50% |
Which state has the worst unemployment?
Unemployment rate by jurisdiction
| Rank | Rank (50 states) | State federal district or territory |
|---|---|---|
| 1 | — | American Samoa |
| — | — | Northern Mariana Islands |
| 2 | — | Puerto Rico |
| 3 | 1 | Nevada |
Is Memphis Tennessee expensive to live?
Memphis, Tennessee’s cost of living is 17% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
What is Memphis known for?
The name Memphis means Established and Beautiful. Known worldwide as the “Home of the Blues & Birthplace of Rock ‘n’ Roll – not to mention gospel, jazz, R&B, rap and soul. Close to 20 percent of the earliest inductees (24 of the 97) in the Rock ‘n’ Roll Hall of Fame have come from within a 100-mile radius of Memphis.
Why Memphis is better than Nashville?
For Families. Both Nashville and Memphis have family-friendly museums, great restaurants, parks and plenty to see and do. Both are rich in culture and diversity. The population in Memphis has been steadily decreasing; whereas the booming real estate market in Nashville keeps the city growing.
How black is Memphis?
Memphis Demographics
Black or African American: 64.11% White: 29.23% Other race: 3.28% Asian: 1.72%
Is Memphis a black city?
It includes the city’s total population, the number of Black people in the city, and the percentage of people in the city who are Black as of the 2020 Census.
List.
| County | Memphis |
|---|---|
| Black alone % | 61.57% |
| Population | 633,104 |
| Black population | 401,033 |
| Black alone population | 389,779 |
Why is rent in Memphis so high?
The increasing number of renovations is related to what national experts say is the main driver of rent increases in places like Memphis: more people deciding to rent there. During earlier parts of the pandemic, many people moved out of cities and more young adults decided to live with friends or family.
What state is the easiest to get a job?
These are the 10 states where IT talent has the easiest time getting hired:
- Alabama.
- Montana.
- Wyoming.
- Minnesota.
- Tennessee.
- Florida.
- Vermont.
- Arizona.
What is the best state to make money in?
In 2019, Wyoming was ranked as the best state to make a living in the United States, with the cost of living index at 90.5 value and the median income of 40,240 U.S. dollars.
What state has the best government jobs?
Top 10 States Overall
- Utah.
- North Dakota.
- New Hampshire.
- Washington.
- Nebraska.
- Massachusetts.
- Vermont.
- Colorado.
What is a good salary in Memphis TN?
Average Salary in Memphis, TN
| Annual Salary | Weekly Pay | |
|---|---|---|
| Top Earners | $84,893 | $1,632 |
| 75th Percentile | $69,801 | $1,342 |
| Average | $58,468 | $1,124 |
| 25th Percentile | $46,691 | $897 |
What is a good salary in Memphis?
The median income is the area is below $28,000, about half of what is needed to meet the “50/30/20” rule. In Memphis, the site lists the median income as $38,230 a year, but says the needed income if you’re a homeowner is $63,595 a year, and that the needed income if you’re a renter is $69,331.
Who is the richest person in Memphis TN?
Frederick Smith – Founder of FedEx Corp based in Memphis, TN. Net worth around $2.3 Billion.
