Arkansas Personal Income – 2020:Q2

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...

Arkansas Employment and Unemployment – August 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...

Metro Area Employment and Unemployment – July 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...

Unemployment Insurance Claims – Update

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...

Arkansas Employment and Unemployment – July 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. ...
AWSOM Powered