by Michael Pakko | Nov 24, 2014
A commentary in this week’s issue of Arkansas Business presents statistics on the Arkansas’ new minimum wage with comparisons to other states — adjusting for differences in cost-of-living and average earnings: “Evaluating New Minimum...
by Michael Pakko | Nov 21, 2014
The latest report on employment and unemployment in Arkansas shows the unemployment rate dropping two-tenths of a percent to 6.0% in October, the lowest level since July 2008. More importantly, the underlying components of the unemployment rate are moving in a...
by Michael Pakko | Nov 20, 2014
The Bureau of Economic Analysis released new statistics on local area personal income this morning. The new data for metro areas and counties show a pronounced slowdown in economic growth in 2013 compared to 2012, but the slowdown was not unique to Arkansas. ...
by Michael Pakko | Oct 29, 2014
In September, unemployment rates edged down in five of Arkansas’ metro areas and were unchanged in the other three. Smoothed seasonally adjusted estimates of unemployment were down 0.1 percentage point in Fayetteville, Fort Smith, Little Rock, Pine Bluff, and...
by Michael Pakko | Oct 21, 2014
Latest data from the Arkansas Department of Workforce Services and the U.S. Bureau of Labor Statistics showed the Arkansas unemployment rate ticking down to 6.2% in September, down from 6.3% in August (seasonally adjusted). The number of unemployed in the household...