Overall unemployment rate moved down to 3.6% with the biggest shift in Restaurants & Hotels, which gained 400 roles, based on the most recently available information published in April 2022.
Total employment in the Clarksville, TN-KY market rose by 538 jobs in March and the unemployment rate decreased compared to the prior month by 10 bps to 3.6%. The national unemployment rate decreased by 39 bps over the same time to 3.8%.
- Clarksville, TN-KY unemployment rate is 15 bps below the national rate which is a positive sign.
- Unemployment in the market is 180 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in March versus prior month by 9% 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: 19,500; -200
- Government: 18,900; -100
- Restaurants & Hotels: 13,300; +400
- Education & Healthcare: 12,400; no change
- Manufacturing: 11,900; +200
- Business Services: 9,500; no change
- Construction, Mining: 3,700; no change
- Financial Services: 3,300; +100
- Other Jobs: 3,300; no change
- IT & Development: 1,100; no change
Data is based on the most recent 12 months available, through March 2022 (Data published April 2022 and reports created on April 27, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.