Overall unemployment rate moved up to 4.1% with the biggest shift in Government, which lost 400 roles, based on the most recently available information published in March 2022.
Total employment in the Clarksville, TN-KY market declined by 798 jobs in January and the unemployment rate increased compared to the prior month by 40 bps to 4.1%. The national unemployment rate increased by 74 bps over the same time to 4.4%.
- Clarksville, TN-KY unemployment rate is 33 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 January versus prior month by 8.9% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs declined by -1.4%. Key sectors include:
- Transportation & Utilities: 19,800; -400
- Government: 18,700; -400
- Restaurants & Hotels: 12,200; -300
- Education & Healthcare: 12,200; -200
- Manufacturing: 11,800; +100
- Business Services: 9,500; -100
- Construction, Mining: 3,700; no change
- Financial Services: 3,200; no change
- Other Jobs: 3,200; no change
- IT & Development: 1,000; -100
Data is based on the most recent 12 months available, through January 2022 (Data published March 2022 and reports created on March 18, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.