by Michael Pakko | Feb 26, 2021
Of all the sectors of the economy that have been disrupted by the COVID-19 pandemic, industries in the Leisure and Hospitality category have been among the hardest-hit. These industries continue to show persistent declines in sales and employment, with many...
by Michael Pakko | Dec 18, 2020
The pace of recovery in Arkansas labor markets showed clear signs of slowing in November, following similar patterns as the national data released two weeks ago. Today’s news release from the Bureau of Labor Statistics reported that Arkansas’...
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...
