by Michael Pakko | Nov 17, 2023
The state employment report for October reinforces suggestions of a slight weakening of labor market conditions that were indicated by the data of the past two months. The unemployment rate increased for the third consecutive month, while employment surveys showed...
by Michael Pakko | Nov 9, 2023
This morning’s Economic Forecast Event was a great success. Thank you to all the participants and attendees, and special thanks to the Little Rock Branch of the Federal Reserve Bank of St. Louis for hosting the event. Copies of the presentations are available by...
by Michael Pakko | Nov 2, 2023
Mirroring the statewide report, Arkansas’ metro areas saw unemployment creep higher, with signs of slowing employment growth in some areas. Among the eight metro areas that cover parts of the state, only Texarkana saw no change in its unemployment rate. The...
by Michael Pakko | Oct 20, 2023
The September report on employment and unemployment in Arkansas suggests a slight weakening of labor market conditions. The unemployment rate increased by 0.2 percentage points, from 2.7% in August to 2.9% in September. The national unemployment rate was 3.8% in...
by Michael Pakko | Oct 3, 2023
The most recent personal income report showed a sharp slowing of Arkansas income growth in the second quarter. However, thorough revisions to the data had the effect of raising estimates of the state’s growth in the recent past, particularly in 2020 and 2021....