Overall unemployment rate moved down to 4.6% with the biggest shift in Restaurants & Hotels, which gained 400 roles, based on the most recently available information published in June 2021.
Total employment in the Clarksville, TN-KY market rose by 1,475 jobs in April and the unemployment rate decreased compared to the prior month by 110 bps to 4.6%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Clarksville, TN-KY unemployment rate is 115 bps below the national rate which is a positive sign.
- Unemployment in the market is 1,230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 12.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Government: 18,800; no change
- Transportation & Utilities: 18,200; +100
- Education & Healthcare: 12,100; no change
- Restaurants & Hotels: 11,700; +400
- Manufacturing: 10,600; -300
- Business Services: 9,800; no change
- Construction, Mining: 3,600; +100
- Other Jobs: 3,300; no change
- Financial Services: 3,100; no change
- IT & Development: 1,100; +100
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.