Overall unemployment rate moved up to 3.7% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in February 2022.
Total employment in the Clarksville, TN-KY market rose by 610 jobs in December and the unemployment rate increased compared to the prior month by 40 bps to 3.7%. The national unemployment rate decreased by 20 bps over the same time to 3.7%.
- Clarksville, TN-KY unemployment rate is 1 bps above the national rate which is a negative sign.
- Unemployment in the market is 230 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in December versus prior month by 13.4% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 19,800; +100
- Government: 19,300; +300
- Restaurants & Hotels: 12,900; -100
- Education & Healthcare: 12,300; no change
- Manufacturing: 11,300; +100
- Business Services: 10,200; no change
- Construction, Mining: 3,700; no change
- Other Jobs: 3,300; no change
- Financial Services: 3,200; +100
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through December 2021 (Data published February 2022 and reports created on February 4, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.