Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Unemployment in Arkansas Continues Downward Trend
LITTLE ROCK, AR - New numbers on unemployment show hundreds of Arkansans have found jobs this summer.
The Arkansas Department of Workforce Services (DWS) reports the state's jobless rate for June fell by two-tenths of a percentage point to 6.2 percent.
In its latest Arkansas Civilian Labor Force Summary, DWS cites labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics showing that Arkansas’ civilian labor force declined 9,300, a result of 6,700 fewer employed and 2,600 fewer unemployed Arkansans.
The United States’ jobless rate declined to 6.1 percent in June.
“The decrease in Arkansas’ unemployment rate this month mirrors the trend seen at the national level. This month’s rate of 6.2 percent is the state’s lowest unemployment rate since November 2008, when the rate was 6.1 percent,” says DWS Communications Director Becky Heflin.
Arkansas Nonfarm Payroll Job Summary
Nonfarm payroll jobs in Arkansas decreased 5,600 in June to total 1,193,200. Four major industry sectors posted job losses, more than offsetting gains in six sectors. Jobs in government fell 5,900. The declines, which occurred in state (-4,300) and local (-1,700) government, were attributed to the summer break at public schools and universities. Educational and health services experienced a loss of 2,600 jobs. A little over sixty-five percent of the decline occurred in healthcare and social assistance (-1,700). Employment in Manufacturing rose 1,900. The majority of the increase was in durable goods (+1,200) as manufacturing plants added employees.
Since June 2013, Arkansas’ nonfarm payroll employment rose 17,800. Nine major industry sectors experienced growth, more than offsetting losses in two sectors. Educational and health services added 3,500 jobs. Most of the gains were reported in health care and social assistance (+2,200). Jobs in leisure and hospitality increased 3,500. The majority of the growth occurred in food services (+2,900). Manufacturing added 3,400 jobs, mostly in durable goods (+2,400). Trade, transportation, and utilities increased by 3,000 jobs. Growth was reported in both retail (+2,000) and wholesale (+1,400) trade.