Arkansas’s jobless rate fell to a record low of 3.4% in July from the 3.5% in June, and below the 3.6% in July 2018. Year-over-year, the state economy added 15,625 jobs, a 1.2% increase according to data posted Friday by the U.S. Bureau of Labor Statistics.
The number of employed in Arkansas during July was an estimated 1,316,265, up 15,625 jobs compared with July 2018. The state’s labor force – the number of people eligible to work – was 1,363,167 in July up 1% compared with the 1,349,795 in July 2018. The July numbers are preliminary and subject to revision.