Overall unemployment rate moved down to 3.7% with the biggest shift in Government, which gained 300 roles, based on the most recently available information published in April 2022.
Total employment in the Clarksville, TN-KY market rose by 813 jobs in February and the unemployment rate decreased compared to the prior month by 40 bps to 3.7%. The national unemployment rate decreased by 28 bps over the same time to 4.1%.
- Clarksville, TN-KY unemployment rate is 44 bps below the national rate which is a positive sign.
- Unemployment in the market is 160 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in February versus prior month by 6.6% 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:
- Transportation & Utilities: 19,900; no change
- Government: 19,000; +300
- Restaurants & Hotels: 12,700; +100
- Education & Healthcare: 12,400; +100
- Manufacturing: 11,800; +100
- Business Services: 9,500; +100
- Construction, Mining: 3,700; +100
- Financial Services: 3,200; no change
- Other Jobs: 3,200; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.