Arkansas’ Jobless Rate Tumbles To 3.6%

Unemployment

Arkansas’ unemployment rate edged back closer to last summer’s all-time low as nonfarm payroll hires in government and education offset fewer job adds in other sectors, according to newly released state workforce data from the U.S. Bureau of Labor Statistics.

On Friday, the state Department of Workforce Services reported that Arkansas’ seasonally adjusted unemployment rate declined one-tenth of a percentage point to 3.6% in August. State workforce officials said the updated BLS data showed a second straight monthly decline in the state’s labor pool of 1,346,758 by 1,693 workers, a result of a positive trend of 1,419 fewer unemployed and 274 more employed Arkansans.

“Down to 3.6% in August, Arkansas’ unemployment rate decreased for the second month in a row. This is due in part to declines in the number of unemployed over the last several months,” said Susan Price, operation manager for the state’s BLS Program.      MORE

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