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Monday, December 23, 2024

Memphis nonfarm payroll employees increase by 1.1% since April

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The number of employees on nonfarm payrolls for May in the Memphis metropolitan statistical area was 645,300, a 1.1 percent increase over the previous month, according to the U.S. Bureau of Labor Statistics.

In April, Memphis reported 638,500 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 3.068 million people employed on nonfarm payrolls in May.

Tennessee Employees on Nonfarm Payrolls April vs. May

April 2021 (In thousands)May 2021 (In thousands)Percent Change
638.5645.31.1

Source: Bureau of Labor Statistics

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