Overview of the Fastest Growing Careers in Memphis

May 22, 2018

Is Memphis, Tennessee, a good place for job seekers? Memphis is home to three of the 12 Fortune 500 companies located in Tennessee, and the city's unemployment rate is below the national average. Read on to find out if Memphis might be a good fit for your career plans.

Memphis Overview

According to the U.S. Bureau of Labor Statistics (BLS), Memphis had an unemployment rate of 3.9% in March 2018, down from its January and February rates. The labor force at that time was approximately 638,800 workers. In May 2017, the BLS reported that the average hourly rate for Memphis workers was $21.13; however, Tennessee is one of two states with almost no income tax.

Hottest Careers in Memphis

Looking to get into nursing? Want to drive a tractor trailer? How about teaching? According to the Tennessee Department of Labor and Workforce Development, the following are projected to be some of the hottest areas of occupation in Local Workforce Investment Area 13 (LWIA 13), which includes Memphis, through 2024 in terms of annual job openings:

  • Registered Nurses
  • Customer Service Representatives
  • General Office Clerks
  • Heavy and Tractor Trailer Truck Drivers
  • Nursing Assistants
  • General Maintenance and Repair Workers
  • Secretaries and Administrative Assistants (except Legal, Medical and Executive)
  • Elementary School Teachers (except Special Education)
  • First-Line Supervisors of Office and Administrative Support Workers
  • Sales Representatives, Wholesale and Manufacturing

Largest Occupations

Many entry-level and physical labor jobs tend to see the largest number of employees in any given area. The U.S. Bureau of Labor Statistics (BLS) reported that the following were the largest occupations in the Memphis area in terms of employment in 2017:

  • Laborers and Hand Movers of Freight, Stock and Material
  • Retail Salespersons
  • Heavy and Tractor-Trailer Truck Drivers
  • Stock Clerks and Order Fillers
  • Cashiers
  • Combined Food Preparation and Serving Workers, including Fast Food
  • General Office Clerks
  • Registered Nurses
  • Customer Service Representatives
  • Secretaries and Administrative Assistants (except Legal, Medical and Executive)

Largest Employers

Large employers in both the public and private sectors are found in Memphis. The largest, FedEx, has around 30,000 local employees, and it's one of the three Fortune 500 companies in the city. As reported by the Memphis Business Journal, the largest employers in Memphis in 2017 were the following:

  • Federal Express Corporation
  • Tennessee State Government
  • United States Government
  • Methodist Le Bonheur Healthcare
  • Shelby County Schools
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