Labor Force and Employment Outlook
Memphis boasts a diverse work force, prepared by nationally recognized schools and training programs. Memphis ranks high among business analysts for low taxes, competitive wages, and cost of living.
Memphis has seen substantial job growth in recent years; its Memphis 2005 program is credited with adding an average of 10,000 new jobs annually during the years 1996 to 2004. Currently, the high-tech bio and agri-research and health-related industries are thought to have particularly impressive growth potential, and the city's chamber of commerce seeks to attract technically skilled and creative workers to contribute leadership and manpower to those and other areas.
