Cole Schnell

2 months ago | bizjournals.com | Cole Schnell

Memphis' unemployment rate stayed at 4.4%, while the national rate dropped. Here's what is happening in the local job market. The Memphis metro unemployment rate pushed a bit higher than the national average in December. And the local job market overall showed little movement, with a minor jobs gain in December. Moving into the new year, the local job market showed uncertainty after multiple minor movements up and down in the previous months.

2 months ago | bizjournals.com | Jason Bolton |Cole Schnell

Marie Feagins’ tenure as superintendent of Memphis-Shelby County Schools (MSCS) was short-lived. But, how does her nearly 10 months on the job compare to prior MSCS superintendents? The answer — like Feagins’ dismissal and the district’s dynamics overall — is complicated. MSCS is the state of Tennessee’s largest district, with more than 110,000 students — also ranking it among the top 25 nationally based on enrollment.

Feb 11, 2025 | bizjournals.com | Cole Schnell

Nearly 20 school districts, comprised of 344 schools, serve about 209,000 students in the Memphis-area. Nearly 20 school districts, comprised of 344 schools, serve about 209,000 students in the Memphis-area, according to MBJ’s recently updated List of the school districts in the Memphis area. Seven school districts, including Memphis-Shelby County Schools, serve close to 145,000 public school students in Shelby County.

Oct 19, 2024 | bizjournals.com | Cole Schnell

The largest company by local employment has held the No. 1 spot for four years. The top 20 largest family-owned businesses by local employment provide nearly 9,000 area jobs. Just over a third of those jobs are in logistics, with the top three List companies in that industry. Ozark Motor Lines is No. 1 on the List (see below) for the fourth year in a row, having overtaken K Power Global Logistics in 2021. K Power is No. 2 on the List this year, after dropping down to No. 4 the year before.

Sep 23, 2024 | bizjournals.com | Cole Schnell

While overall Top 100 growth has slowed, some companies are bucking this trend. After two high-growth years recovering from the pandemic, revenue growth has slowed to a near halt, on average, for the Memphis-area’s Top 100 largest private companies. However, an exclusive group has found growth across revenue and employment. A quarter of the List companies are part of an exclusive club that includes both the No. 1 and No. 100 ranked companies.