Overall unemployment rate moved down to 3.3% with the biggest shift in Transportation & Utilities, which gained 400 roles, based on the most recently available information published in December 2021.
Total employment in the Clarksville, TN-KY market rose by 1,529 jobs in November and the unemployment rate decreased compared to the prior month by 50 bps to 3.3%. The national unemployment rate decreased by 37 bps over the same time to 3.9%.
- Clarksville, TN-KY unemployment rate is 59 bps below the national rate which is a positive sign.
- Unemployment in the market is 220 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in November versus prior month by 14.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 1.0% . Key sectors include:
- Transportation & Utilities: 19,600; +400
- Government: 19,000; +200
- Restaurants & Hotels: 13,000; no change
- Education & Healthcare: 12,200; no change
- Manufacturing: 11,200; +200
- Business Services: 10,200; +100
- 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 November 2021 (Data published December 2021 and reports created on January 6, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.