Overall unemployment rate moved down to 4.1% with the biggest shift in Government, which gained 1,000 roles, based on the most recently available information published in September 2022.
Total employment in the Clarksville, TN-KY market declined by 802 jobs in August and the unemployment rate decreased compared to the prior month by 40 bps to 4.1%. The national unemployment rate stayed flat over the same time period at 3.8%.
- Clarksville, TN-KY unemployment rate is 31 bps above the national rate which is a negative sign.
- Unemployment in the market is 70 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 10.1% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 19,100; -100
- Government: 18,200; +1,000
- Restaurants & Hotels: 12,800; -600
- Education & Healthcare: 12,500; +100
- Manufacturing: 12,000; no change
- Business Services: 9,600; no change
- Construction, Mining: 3,900; no change
- Financial Services: 3,300; no change
- Other Jobs: 3,300; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through August 2022 (Data published September 2022 and reports created on September 28, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.