Arkansas Employment and Unemployment – April 2020

As anticipated, the state-level employment and unemployment report for April showed a sharp increase in unemployment and precipitous declines in employment.  The official unemployment rate rose from 5.0% (revised) to 10.2%.  Nonfarm payrolls declined by over 100,000....

Arkansas GDP – 2019:Q4

The U.S. Bureau of Economic Analysis released a report this morning on state-level GDP for the fourth quarter of 2019. Arkansas real GDP increased at a 2.4% annual rate, surpassing the national average of 2.1%. Arkansas’ growth rate was the 13th highest in the...

Arkansas Employment and Unemployment – February 2020

The Bureau of Labor Statistics has released state-level data on employment and unemployment for the month of February. Arkansas’ unemployment rate remained unchanged for the month at 3.5%, matching the U.S. rate. The number of unemployed was down by 269 and the...
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