by Michael Pakko | Sep 24, 2020
Today’s report from the Bureau of Economic Analysis showed that total personal income increased by 7.0% in Arkansas in the second quarter of 2020 – an annualized growth rate of 31.3%. Arkansas’ growth rate was slightly slower than the 34.2% pace...
by Michael Pakko | Sep 18, 2020
The state-level employment report for August had mixed news for Arkansas. The headline was an unexpected increase in the unemployment rate, from 7.1% to 7.4%. The U.S. unemployment rate had been reported as declining from 10.2% to 8.4% in August, and Arkansas was...
by Michael Pakko | Sep 2, 2020
The July report on metro area employment and unemployment that came out this morning showed continued improvement in Arkansas labor markets following the pandemic-related downturn in March and April. Payroll employment increased from June to July in six of...
by Michael Pakko | Aug 27, 2020
The latest weekly data on unemployment insurance claims shows a significant decline in Arkansas jobless claims over the past three weeks. During the week ending August 22, the preliminary estimate for new claims in Arkansas was 5,225, down from a weekly average of...
by Michael Pakko | Aug 21, 2020
Arkansas labor market continued to recover in July from the pandemic-related job-losses of March and April; however, the pace of the rebound slowed. Arkansas’ unemployment rate declined by one full percentage point from 8.1% (revised) in June to 7.1% in July. ...
