by Michael Pakko | Jun 1, 2023
Arkansas’ unemployment rate fell to a new all-time low of 2.9% in April. Unemployment rates in the state’s metropolitan areas generally followed suit. Using the Smoothed Seasonally-Adjusted Metropolitan Area Estimates (which date back to January 1990), new...
by Michael Pakko | May 19, 2023
April was another record-setting month for Arkansas labor markets. The unemployment rate dropped 0.2 percentage points to 2.8%—the lowest unemployment rate on record. Arkansas was one of ten states seeing new record-low unemployment rates. The national unemployment...
by Michael Pakko | May 4, 2023
New data for metro area employment and unemployment came out this week, including newly revised data from the household survey. The revisions had minor effects on unemployment rates. As shown in the first two columns of the table below, unemployment rates were...
by Michael Pakko | Apr 21, 2023
It has been widely anticipated that the recent increases in interest rates would result in weaker labor markets. In Arkansas, at least, there is little sign of deteriorating conditions—quite the opposite, in fact. Today’s report from the Bureau of Labor...
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...
