Overall unemployment rate moved down to 4.6% with the biggest shift in Government, which gained 700 roles, based on the most recently available information published in September 2021.
Total employment in the Clarksville, TN-KY market rose by 201 jobs in August and the unemployment rate decreased compared to the prior month by 50 bps to 4.6%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Clarksville, TN-KY unemployment rate is 69 bps below the national rate which is a positive sign.
- Unemployment in the market is 270 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in August versus prior month by 16.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.5% . Key sectors include:
- Transportation & Utilities: 18,700; no change
- Government: 17,300; +700
- Restaurants & Hotels: 12,700; +100
- Education & Healthcare: 12,100; +100
- Manufacturing: 10,800; +200
- Business Services: 10,100; +100
- Construction, Mining: 3,800; +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 August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.