by Michael Pakko | Mar 24, 2023
State-level data on employment and unemployment in February were mixed for Arkansas. Information from the household survey showed a sharp drop in the number of employed, and hence a drop in the unemployment rate from 3.4% to 3.2% (in contrast to the 0.2 percentage...
by Michael Pakko | Mar 17, 2023
New and revised data on metropolitan area employment and unemployment were released this morning from the Bureau of Labor Statistics. As was the case with the state-level data earlier this week, data from both the household and payroll surveys were subject to annual...
by Michael Pakko | Mar 13, 2023
The state-level report on employment and unemployment that was released today shows little change in current conditions or the near-term outlook for Arkansas. For example, the unemployment rate, at 3.4%, remains in the 3.5%+/- range in which it has fluctuated over...
by Michael Pakko | Feb 2, 2023
The end-of-year employment data for metropolitan areas is in. Most of Arkansas metro areas finished 2022 with unemployment rates slightly higher than in December of 2021. Compared to the statewide average of 3.5%, metro area unemployment rates were relatively low in...
by Michael Pakko | Jan 25, 2023
Many economists have been predicting weakening economic conditions as the Federal Reserve hikes interest rates to fight inflation, but the impact on labor markets has not yet materialized. The data for the final month of the year (released yesterday) revealed stable...