Unemployment rate

Arkansas Unemployment
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Arkansas’ unemployment rate ended its decreasing trend in the month of August, increasing by .3%. The current unemployment rate in the state is now 7.4%

According to data produced by the U.S. Department of Labor, Arkansas’ unemployment rate remains lower than the national rate, which totaled 8.4% in August.

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Arkansas’s seasonally adjusted unemployment rate for July dropped one percent from June, to a total of 7.1% according to data released from the U.S. Department of Labor.

According to report released today from the Arkansas Division of Workforce Services, the unemployment rate decreased from 8.1% to 7.1%. The unemployment rate for Arkansas is just over three percentage points lower than the national unemployment rate that sits at 10.2%

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Arkansas’s unemployment rate fell for the second month in a row after surging in the spring due to the coronavirus pandemic.

According to numbers from the Arkansas Division of Workforce Services, the state’s seasonally adjusted unemployment rate dropped 1.6% in June for a total of 8% unemployment.

This marks the second month of falling unemployment as some Arkansans return to work, though coronavirus cases in the state continue to increase.

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For the first time in months, Arkansas’s unemployment has dropped, though the number of those unemployed still remains higher than before the coronavirus pandemic hit the state. 

Arkansas’s unemployment rate dropped to 9.5% in May, around 1.3% lower than its April percentage of 10.8%. The decrease in unemployment follows the national trend, though the United States’ jobless rate is almost 4% higher at a rate of 13.3%.