Labor Statistics

Stable Unemployment Rate Shows Arkansas 'Steadily Moving in the Right Direction,’ Governor Hutchinson Says

LITTLE ROCK – Arkansas’s unemployment rate in April remained at 4.4 percent even as the national rate increased one-tenth of a percent to 6.1 percent, according to labor force data the Arkansas Division of Workforce Services issued today. The data was provided by the U.S. Department of Labor’s Bureau of Labor Statistics.

“Our stable unemployment rate assures me that we are steadily moving in the right direction after more than a year of COVID-19,” Governor Asa Hutchinson said today. “Before the pandemic, our economy was strong. We’ve encountered many challenges over the past 15 months, but we have persevered and fought our way back from the 10 percent rate a year ago.

“The highlight of the report is that more Arkansans are finding jobs and returning to the workforce. I am particularly pleased with the employment gains in the hospitality industry, and I am hopeful the next month will show even more Arkansans returning to work.

“The fight is not over, but as we continue to do everything within our power to overcome COVID-19, our perseverance is producing signs of great progress in our economy but more importantly, in a return to our daily life.”

Arkansas’ Jobless Rate Dips to 4.4%, Tourism Sector Continues to Post Most Job Losses

by Michael Tilley (mtilley@talkbusiness.net)

Arkansas had 18,549 fewer employed in March compared to March 2020, with 60% of the job losses coming from the state’s hard hit tourism sector, according to Friday’s (April 16) report from the U.S. Bureau of Labor Statistics (BLS).

The state’s jobless rate in March was 4.4%, down from 4.5% in February and below the 3.8% in March 2020. The number of employed in Arkansas during March was an estimated 1,299,702, down 18,549 jobs compared with March 2020.

The biggest sector losses were in Leisure & Hospitality (11,100 fewer jobs), Government (down 8,600 jobs) and Education and Health Services (down 5,800 jobs). Manufacturing posted the largest year-over-year gains with 1,600 added jobs, and the Construction sector posted a year-over-year job gain of 1,000 jobs. The March numbers are preliminary and subject to revision. The report marked the first full year of COVID-19 impacts on the economy.

https://talkbusiness.net/2021/04/arkansas-jobless-rate-dips-to-4-4-tourism-sector-continues-to-post-most-job-losses/

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