Overall unemployment rate moved down to 5.7% with the biggest shift in Government, which lost 800 roles, based on the most recently available information published in March 2021.
Total employment in the Clarksville, TN-KY market declined by 1,992 jobs in January and the unemployment rate decreased compared to the prior month by 100 bps to 5.7%. The national unemployment rate increased by 31 bps over the same time to 6.8%.
- Clarksville, TN-KY unemployment rate is 111 bps below the national rate which is a positive sign.
- Unemployment in the market is 110 bps above the unemployment rate in the market last year at this time, which is a negative.
- Average wages (per hour) grew in January versus prior month by 7.5% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -2.0%. Key sectors include:
- Government: 18,400; -800
- Transportation & Utilities: 18,100; -500
- Education & Healthcare: 11,900; -100
- Restaurants & Hotels: 11,200; -100
- Manufacturing: 10,900; no change
- Business Services: 9,600; -300
- Construction, Mining: 3,500; -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 January 2021 (Data published March 2021 and reports created on March 25, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.