CA: 19,000 new jobs emerged in Memphis
Employers in metropolitan Memphis added nearly 19,000 jobs in May, pushing the unemployment rate to the lowest level recorded in any May since 2007.
The unemployment rate in Greater Memphis stood at 4.5 percent for May, well below the 6.6 a year earlier, state government data showed today.
Workers holding full- and part-time jobs totaled 592,550 in May, compared to 573,883 a year earlier, a gain of 18,667 jobs.
Jobless rates for May in the metropolitan area included 4.4 percent in Shelby County, 4.7 percent in Tipton, and 4 percent in Fayette, as well as 4.1 percent in the Arkansas portion and 5.2 percent in the Mississippi portion, according to the Tennessee Department of Labor and Workforce Development.
Within Shelby County for municipalities with more than 25,000 residents, May unemployment rates were 3.5 percent for Bartlett, 3.1 percent for Collierville, 3.1 percent for Germanton and 4.8 percent for Memphis.