Overall unemployment rate moved down to 5.3% with the biggest shift in Government, which gained 600 roles, based on the most recently available information published in April 2021.
Total employment in the Clarksville, TN-KY market rose by 393 jobs in February and the unemployment rate decreased compared to the prior month by 40 bps to 5.3%. The national unemployment rate decreased by 26 bps over the same time to 6.6%.
- Clarksville, TN-KY unemployment rate is 125 bps below the national rate which is a positive sign.
- Unemployment in the market is 90 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in February versus prior month by 12.8% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:
- Government: 19,000; +600
- Transportation & Utilities: 17,900; -100
- Education & Healthcare: 12,000; +100
- Restaurants & Hotels: 11,100; no change
- Manufacturing: 11,000; +100
- Business Services: 9,800; +100
- Construction, Mining: 3,400; -100
- Other Jobs: 3,200; no change
- Financial Services: 3,100; no change
- IT & Development: 1,000; no change
Data is based on the most recent 12 months available, through February 2021 (Data published April 2021 and reports created on April 9, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.