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. ...
by Michael Pakko | Aug 6, 2020
Evidence continues to accumulate showing that Arkansas’ economy has not been as hard-hit by the COVID-19 pandemic as other parts of the nation. Most of the information to-date has been related to employment. It is clear that declines in payroll employment and...
by Michael Pakko | Jul 29, 2020
The June employment report for metropolitan areas showed a continuing rebound from the job losses of March and April. The table below showed revisions to the nonfarm payroll employment data for May, along with the new numbers for June. The May revisions showed...
by Michael Pakko | Jul 22, 2020
Since our last forecast update six week ago (June 10), incoming data have continued to show a more rapid recovery from the COVID-19 shutdowns than previously expected. Nonfarm payroll employment bounced back with increases of 1.9% and 2.0% in May and June,...
