- Associated Press - Friday, June 24, 2016

MEMPHIS, Tenn. (AP) - Metropolitan Memphis saw its largest annual gain in jobs in May in 20 years.

Citing state government data Thursday, The Commercial Appeal (http://bit.ly/28Sl2LM ) reports that in May, nearly 19,000 more residents reported they were working than had been working in May 2015.

Over that time period, May’s unemployment rate fell from 6.6 percent to 4.5 percent.

Jobless rates in Greater Memphis had risen in 2011, 2012 and 2013 and showed only mild gains in 2014 and 2015.

Official household surveys show that about 592,550 people were working either full- or part-time jobs in May, compared to about 573,900 a year earlier.


Information from: The Commercial Appeal, http://www.commercialappeal.com



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