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 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 | Jul 17, 2020
The state employment report for June showed continued recovery from the sharp job losses registered in April during the peak of pandemic-related economic shutdowns. The Arkansas unemployment rate dropped from a revised 9.6% in May to 8.0% in June. The national...
by Michael Pakko | Jun 23, 2020
The Bureau of Economic Analysis released the state-level personal income report for the first quarter of 2020 this morning. The BEA noted that this was the first-quarter to be “impacted by the response to the spread of COVID-19, as governments issued...
by Michael Pakko | Jun 19, 2020
Last month, the April employment report for Arkansas was not as bad as expected. The May report is better than expected. The unemployment rate dropped from a revised 10.8% in April to 9.5% in May. The number employed rebounded sharply from its April decline,...
by Michael Pakko | Jun 10, 2020
As the economic impact of the COVID-19 pandemic continues to unfold, one constant is the rapid pace at which the situation is developing. Just one month ago, our May forecast came out in the wake of the April employment report, which showed U.S. payroll employment...
