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Sunday, December 22, 2024

Memphis nonfarm payroll employees increase by 0.6% since Jan.

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The number of employees on nonfarm payrolls for Feb. in the Memphis metropolitan statistical area was 629,500, a 0.6 percent increase over the previous month, according to the U.S. Bureau of Labor Statistics.

In Jan., Memphis reported 625,900 workers on nonfarm payrolls.

Statistics were compiled from reports from the civilian labor force and unemployment data, which heavily relied on household surveys. The data is not seasonally adjusted.

Employment data is gleaned from an establishment survey that measures nonfarm employment, hours, and industry earnings. The data is also based on payroll jobs and such factors as where the establishments are located.

Overall, Tennessee reported 3.024 million people employed on nonfarm payrolls in Feb..

Tennessee Employees on Nonfarm Payrolls Jan. vs. Feb.

January 2021 (In thousands)February 2021 (In thousands)Percent Change
625.9629.50.6

Source: Bureau of Labor Statistics

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