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Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area Employment Analysis

( Data Date : November 2018 )

Tennessee Employment Data

Located in the Southeast region of the U.S., the Volunteer State is known for Nashville’s country-music and the blues and jazz of Memphis, both major tourism destinations. The state’s employment mix is transforming, as manufacturing continues to give way to professional and business services, education and health services, and leisure and hospitality services. Tennessee’s economy benefits from a favorable state and local tax structure and strong investment in auto manufacturing, but is challenged by low educational attainment and worker productivity.




State/Metropolitan Employment Data:

Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area Unemployment Rate Trends (% change)


  • The unemployment rate in the Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area, metro area was 3% in September 2018, 0.1% lower than last month, and higher by 0.5% from a year ago.

  • Compared to national and state unemployment rates, the Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area, metro area unemployment rate in September 2018 was higher by 3% than the U.S. rate of %, and lower by 0.3% than the Tennessee state unemployment rate of 3.3%.

  • Total employment in the Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area, metro area increased by 3.2% (19219 less persons employed) over the past quarter, and declined by 2.5% ( 2105731 less ) over the past year.

  • The Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area, metro area has an employable civilian labor force (employed + unemployed persons age 16 and older) of 1,028,650 persons.

  • The Nashville-Davidson--Murfreesboro--Franklin, TN Metropolitan Area, metro area labor force shrunk by 1.3% (32533 persons) over the past quarter, and shrunk by 2.7% (35477 persons) over the past year.

  • Current Rate
    Last Year
    Last QTR
    Last Month
    Difference Since Last Quarter
    3%
    - 2.5%
    + 3.2%
    + 3.1%
    -19219


    %97.02 of the Total Labor Force is Employed.


    Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.