Memphis employers reported 657,400 payroll jobs in September 2026, an estimated 1,100 more than in September 2025.
Payroll jobs657,400September 2026 · Jobs at workplaces
Annual jobs change+1,100Compared with September 2025
Annual payroll growth+0.2%Compared with September 2025
Unemployment rate4.1%September 2026 · 0.2 percentage points lower than September 2025
BLS total nonfarm payroll · Not seasonally adjusted. Payroll counts jobs at workplaces; unemployment measures residents. These are different measures.
BLS does not mark this annual payroll change statistically significant at 90% confidence. This does not establish a statistically significant difference between metros.
Historical detail below: Census QWI 2025 Q3 · BLS OEWS May 2025 occupation estimates. Each source keeps its own date and coverage.
Historical workforce detail · Census QWI 2025 Q3
Hiring, worker flows and pay in Memphis
Census workforce data arrive with a publication lag. These findings compare 2025 Q3 with 2024 Q3 and do not describe later conditions. Open "How this was calculated" for the arithmetic.
Census recorded 622,981 jobs in the Memphis metro at the start of 2025 Q3, down 1.1% from the same quarter a year earlier. This is historical workforce detail from the latest complete Census quarter saved for this metro. QWI covers private employers and state and local government; federal jobs are excluded. Its job counts differ from monthly BLS payroll coverage.
Jobs, start of quarter622,981-1.1% vs. 2024 Q3
Hires in the quarter125,48620.1 per 100 jobs · -1.6% vs. 2024 Q3
Avg. monthly earnings$5,827Stable workers, nominal · +3.1% vs. 2024 Q3
Occupations with local data539BLS OEWS May 2025
JobsCensus QWI · 2024 Q3 to 2025 Q3
-1.1%
Jobs fell 1.1% from 2024 Q3 to 2025 Q3
Beginning-of-quarter employment was 622,981 in 2025 Q3, against 629,842 in 2024 Q3, a change of -6,861 jobs. That change was larger than in 2 of the 49 other covered metros with matching data for the same quarters.
How this was calculated
(622,981 - 629,842) / 629,842 = -1.1%. Same quarter, one year apart; all industries, all ownership, not seasonally adjusted.
Educational services shows the largest reported job decline, an unusually large change
Census QWI reports that educational services lost 5,105 jobs (-11.0%) between 2024 Q3 and 2025 Q3, and holds 6.6% of metro jobs. 6 of 13 industries with at least 2% of metro jobs grew. A change this large in one year can reflect employer reclassification, reporting or geography changes rather than actual hiring or job losses; it does not establish layoffs.
How this was calculated
41,147 - 46,252 = -5105 jobs; ranked by absolute change among sectors with at least 2% of 2025 Q3 employment and published values in both quarters.
82% of comparable occupations have local medians below the U.S. median
Of 536 occupations with a published annual median both here and nationally, 97 have a higher local median, 437 a lower one and 2 the same. The largest such occupation, laborers and freight, stock, and material movers, hand (37,750 jobs), has a median of $39,510 versus $40,240 nationally. Annual figures are published annualized OEWS wage estimates, not actual annual take-home pay; pay is nominal and not adjusted for cost of living.
How this was calculated
Above: 97/536 = 18.1%; below: 437/536 = 81.5%; equal: 2/536. Occupations with both metro and national annual medians published (top-coded or suppressed values excluded), OEWS May 2025.
Transportation and warehousing is a larger part of the job base than in most covered metros
15.5% of jobs here are in transportation and warehousing, compared with a median of 4.6% across 49 other covered metros in 2025 Q3, about 3.4 times the typical share.
How this was calculated
Sector employment / all-industry employment for 2025 Q3; compared with the median share of the same sector in the other covered metros with the same quarter. Only sectors with at least 3% of local jobs are considered.
20.1 hires per 100 jobs in 2025 Q3, above the comparison median
Employers recorded 125,486 hires during 2025 Q3 against 622,981 jobs at the start of the quarter. The median across 49 other covered metros was 15.8. This is a flow ratio, not a chance of being hired, and hires are not job openings.
Jobs changed -1.1% and hires -1.6% between the same quarter one year apart. During 2025 Q3 employers recorded 125,486 hires and 122,815 separations, a difference of +2,671. That difference is a flow measure and is not the same as the official change in employment.
Census QWI beginning-of-quarter employment, all industries, private employers and state and local government; federal jobs excluded. Not seasonally adjusted. The axis is truncated: bars start above zero to show change. Compare the same quarter across years because seasonal patterns repeat. The highlighted bar is 2025 Q3.Show as a table
Quarter
Employment
Hires
Separations
2023 Q1
632,807
123,183
128,529
2023 Q2
627,814
137,621
135,478
2023 Q3
630,064
146,170
142,188
2023 Q4
633,908
133,645
135,443
2024 Q1
631,977
110,346
116,111
2024 Q2
626,091
125,144
124,220
2024 Q3
629,842
127,495
129,212
2024 Q4
629,276
120,980
122,936
2025 Q1
627,205
96,272
104,387
2025 Q2
619,275
113,960
109,834
2025 Q3
622,981
125,486
122,815
Careers · BLS OEWS May 2025
Explore careers in Memphis
539 detailed occupations with local estimates, 536 with a published local median wage. Figures describe one survey reference period, not growth, openings or forecasts.
Try:
Showing 1 to 25 of 539 matching occupations. Local jobs are OEWS employment estimates; medians are for all workers in the occupation in this metro, compared with the U.S. median for the same occupation and pay basis.
BLS OEWS May 2025, Memphis, TN-MS-AR metro area (CBSA 32820). Unknown values sort last.
Occupation
Local jobs
Annual median
Hourly median
vs. U.S. median
National context
Laborers and freight, stock, and material movers, hand53-7062 · Transportation and material moving
Source: BLS OEWS May 2025 estimates for the Memphis, TN-MS-AR metro area (CBSA 32820), one survey reference period. They show levels, not growth, openings or forecasts.
Largest occupations by local jobs: laborers and freight, stock, and material movers, hand (37,750), heavy and tractor-trailer truck drivers (19,460), retail salespersons (17,050), fast food and counter workers (15,320), registered nurses (13,760).
Medians are for all workers in the occupation in this metro. "vs. U.S." compares with the national median for the same occupation, same release and same pay basis. 536 occupations have published annual medians both here and nationally. 3 have no published local median.
Annual figures are published annualized OEWS wage estimates, not actual annual take-home pay. Pay is nominal and not adjusted for cost of living.
Some occupations are paid and published on an hourly or annual basis only; the other column then says so rather than showing a converted figure.
"Not released" means BLS did not publish that local estimate. Nothing is filled in or treated as zero.
"U.S. profile" links open national data for the occupation, not Memphis figures.
Compare metros
How Memphis compares with similar metros
Monthly payroll comparison · September 2026
All payroll rows compare September 2026 with September 2025 from the same BLS release, not seasonally adjusted. These are the same suggested peers used in the quarterly profiles. Estimates do not establish statistically significant differences between metros.
Payroll measures jobs at workplaces. Unemployment rates measure residents and are shown only when a validated estimate matches the same month and metro.
Historical comparison · Census QWI 2025 Q3
Quarterly hiring, jobs and earnings
Every metro in this historical table uses 2025 Q3 and 2024 Q3, from one saved Census release. Monthly payroll comparisons above use a separate BLS source and are not combined with these measures.
Showing Memphis with Hartford, Oklahoma City, Birmingham. Default: the 3 covered metros closest in total employment (Hartford, Oklahoma City, Birmingham).
Choose metros (3 of 49 selected)
Census QWI, 2025 Q3 compared with 2024 Q3 for Memphis and selected metros.
Census QWI, 2025 Q3 compared with 2024 Q3 for every metro. Hires per 100 jobs is hires during the quarter divided by beginning-of-quarter employment, times 100: a flow ratio, not a chance of being hired. Earnings are average monthly earnings of stable workers, nominal, not adjusted for cost of living.
Suggested peers are the covered metros closest in total QWI employment (smallest ratio difference) for the same quarter. Differences of a few tenths of a point are within normal revision and should not be read as a ranking.
By industry · Census QWI 2025 Q3
Industries behind the numbers
Hires are a count of hires made during the quarter, not unique people or job openings. A large count reflects industry size and turnover.
Largest job gains, 2024 Q3 to 2025 Q3
Health care and social assistance+2,301 jobs+2.7%
Finance and insurance+1,902 jobs+10.4%
Construction+1,198 jobs+4.8%
Largest job declines, 2024 Q3 to 2025 Q3
Educational services-5,105 jobs-11.0%
Management of companies and enterprises-1,943 jobs-17.1%
Wholesale trade-1,904 jobs-4.9%
Show all 20 industry sectors
Census QWI NAICS sectors, private employers and state and local government; federal jobs excluded. Not seasonally adjusted. Change compares 2025 Q3 with 2024 Q3, the same quarter a year earlier. Not published = not published for every state portion or no matching prior-year quarter. Sectors do not add exactly to the total.
Industry
Employment
Share of jobs
Employment change, 1 yr
Hires
Hires change, 1 yr
Avg. monthly earnings
Agriculture, forestry, fishing and hunting
984
0.2%
-2.8%
181
+2.8%
$3,582
Mining, quarrying, and oil and gas extraction
Not published
Not published
Not published
Not published
Not published
Not published
Utilities
3,831
0.6%
+6.2%
247
+42.0%
$8,011
Construction
26,214
4.2%
+4.8%
5,234
+31.0%
$7,094
Manufacturing
38,985
6.3%
-2.0%
3,401
-8.6%
$7,806
Wholesale trade
36,810
5.9%
-4.9%
3,030
-2.9%
$8,526
Retail trade
65,219
10.5%
+0.3%
15,297
+2.5%
$3,667
Transportation and warehousing
96,390
15.5%
-0.9%
19,324
-7.1%
$6,739
Information
6,623
1.1%
-2.3%
Not published
Not published
$6,265
Finance and insurance
20,263
3.3%
+10.4%
1,801
+22.4%
$8,790
Real estate and rental and leasing
9,779
1.6%
-0.2%
1,291
-2.4%
$6,554
Professional, scientific, and technical services
24,933
4.0%
-3.5%
3,990
-1.0%
$6,918
Management of companies and enterprises
9,421
1.5%
-17.1%
957
-15.2%
$10,294
Administrative and support and waste management
47,795
7.7%
-2.2%
24,562
-0.7%
$4,251
Educational services
41,147
6.6%
-11.0%
6,150
-5.0%
$4,837
Health care and social assistance
88,718
14.2%
+2.7%
13,309
-2.9%
$5,772
Arts, entertainment, and recreation
9,929
1.6%
-2.3%
2,221
+14.2%
$4,301
Accommodation and food services
55,412
8.9%
-0.4%
18,507
-5.4%
$2,361
Other services (except public administration)
16,155
2.6%
+0.7%
2,596
-10.5%
$5,100
Public administration
24,257
3.9%
+2.2%
1,506
-7.4%
$5,455
Sources and limits
Where these numbers come from
Monthly BLS payroll estimates cover September 2026. Census workforce detail covers 2025 Q3, and the wage survey covers OEWS May 2025. Each source retains its own observation period, coverage and publication dates. None is a real-time measure.
BLS monthly metro estimates
Current Employment Statistics (CES) total nonfarm payroll employment. Jobs at workplaces, not unique people, job openings or forecasts. Compare the same month one year apart because these estimates are not seasonally adjusted.
Local Area Unemployment Statistics (LAUS) measures unemployment among residents of the metro. Its rate is shown separately from workplace payroll employment.
U.S. Census Bureau, LEHD Quarterly Workforce Indicators. Jobs, hires, separations and earnings by industry for private employers and state and local government. Federal jobs are excluded.
Monthly payroll estimates measure nonfarm jobs at workplaces, not hiring events, job openings or resident employment. Annual changes are estimates, may be revised and do not establish acceleration or statistically significant differences between metros.
Hires are not job openings and not your odds of being hired. We make no claim about layoffs, AI or other causes behind any change.
Census QWI covers private employers and state and local government; federal jobs are excluded. Its data typically run about three quarters behind publication. This report uses the latest complete saved quarter, 2025 Q3; any newer partial measures are not substituted for the complete quarterly package.
QWI earnings are averages for workers who held the same job all quarter, before taxes, in nominal dollars. They are not salary offers and are not adjusted for cost of living.
BLS OEWS figures (OEWS May 2025) describe one survey reference period. They show levels, not growth, and are a different period from the QWI quarter, so the two are never combined into one measure.
BLS does not release some local estimates; they appear as "Not released", and wages above its reporting ceiling appear as such rather than as a number. None is filled in or treated as zero.
Census publishes this metro as separate AR and MS and TN portions; QWI values here are their sum. BLS OEWS publishes the whole metro directly.
Single-quarter swings in an industry can reflect employer reclassification or reporting changes. Compare several quarters before drawing conclusions.