Tennessee Monthly Employment Statistics
- 3,232,906 employed workers
- 117,181 unemployed workers
- 3.5% unemployment rate
The total employment for Tennessee is 3,115,600, which is 4,000 greater than last month, an increase of 0.13%. The total employment a year ago was 3,060,500, which is 55,100 lower than today. Employment has increased by 1.80% in the last year. Last months' total employment data was updated but changed less than 0.05%, a fairly insignificant amount. Last months total employment was revised to 3,112 from 3,112.
The Trade, Transport and Utilities sectors are the leading employers in Tennessee. There are 635,000 employees in the sector. Last month the sector had 635,200 employees last month, a decrease of 200 (0.03%). Last year the sector had 626,800 employees last year, an increase of 8,200 (1.31%).
The chart below illustrates the total monthly employment:
In the month of July, 2019 the average hours worked was 40.6, this was a decrease from last month, which averaged 42.3 hours. This represents a change of 4.0%. Average hourly wages for the month were $19.99 per hour, which translates to $811.59 per week. Hourly wages decreased over the last month from $20.16 per hour a decrease of 0.8%. Weekly wages decreased over the last month from $852.77 per week a decrease of 4.8%.
A year ago, the average hours worked was 43.0 hourse per week, which is a decrease of 5.6%. Hourly wages have increased over the last year from $19.78 per hour, an increase of 1.1%. Weekly wages have increased over the last year from $850.54 per week, an increase of 4.6%.
The chart below illustrates the average monthly wages:
The unemployment rate increased in July, 2019 from 3.4% to this months' 3.5%. A year ago the unemployment rate was 3.5%, 0.0% lower today. The total workforce in July, 2019 was 3,350,087, which is 0.4% higher than last months 3,336,823 and is 0.4% higher than last years 3,246,354. The total number of unemployed in Tennessee is 117,181 as compared to the revised figure from last month of 112,128 and 114,778 unemployed a year ago.
The chart below illustrates the change in the unemployment rate over the last year in Tennessee:
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.