Arkansas’s September Unemployment Rate Drops to 6.2 Percent

Unemployment down_1318139198161046513
LITTLE ROCK, AR – The latest report shows a slight drop in the Arkansas unemployment rate. 

In September, it declined to 6.2 percent, down one-tenth of a percentage from the August rate of 6.3 percent.

The Arkansas Department of Workforce Services (DWS) today released the labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics 

The report shows Arkansas’ civilian labor force added 3,600, a result of 4,500 more employed and 900 fewer unemployed Arkansans.

“The number of employed Arkansans rose 4,500 in September, the first employment gain since March 2014. This increase, combined with the drop in unemployment, caused the unemployment rate to decrease to 6.2 percent this month,” said DWS Communications Director Becky Heflin.

Arkansas Nonfarm Payroll Job Summary
Arkansas’ nonfarm payroll jobs increased 15,200 in September to total 1,198,600. Five major industry sectors added employment, more than offsetting declines in five sectors. One industry sector remained stable. Jobs in government rose 13,100. Additions in local (+7,900) and state (+5,200) government reflected typical seasonal hiring at public educational facilities. Educational and health services increased 2,300. The majority of the gains were in educational services (+2,100), related to seasonal hiring at private schools and colleges. Jobs in professional and business services rose 2,000. This sector includes employment agencies and business support services. Leisure and hospitality declined 1,100. Most of the losses were in arts-entertainment-recreation (-1,000), as summer-related businesses closed. Jobs in other services decreased 1,000.

Since September 2013, nonfarm payroll employment in Arkansas rose 15,300. Eight major industry sectors reported gains, while two sectors declined slightly. Employment in one major industry sector was unchanged. Construction posted the largest increase (+4,700). A majority of the growth occurred in specialty trade contractors (+2,700), which includes activities such as roofing, drywall, and electrical contractors. Leisure and hospitality added 3,300 jobs. Most of the gains were in food services (+3,100). Jobs in educational and health services rose 2,900. Posting most of the growth, social assistance (+2,800) reported hiring in individual-family services and child day care services. Employment in manufacturing is up 2,600. Additions in durable goods (+3,200) offset the losses in nondurable goods (-600) manufacturing. Professional and businesses services increased 1,600. Administrative and support services posted a majority of the gains (+1,800).

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More Don't Miss

Trending Stories