Arkansas Metropolitan Areas' Unemployment Rates Decline in October

Nov 30, 2016

All of Arkansas’s metropolitan areas saw unemployment rate declines in October, compared to both the same period last year and to the previous month. The U.S. Bureau of Labor Statistics released data Wednesday showing the state’s unemployment rate was a non-seasonally adjusted 3.4 percent, down from 3.9 percent in the previous month and down from 4.3 percent during the same period last year.

The Fayetteville-Springdale-Rogers area had the lowest unemployment rate in October, of 2.5 percent. That was followed by Jonesboro unemployment rate at 2.9 percent and the Little Rock-North Little Rock-Conway area with an unemployment rate of 3.1 percent.

The Hot Springs area had an unemployment rate of 3.9 percent in October. Fort Smith had a rate of 4.2 percent. The Pine Bluff area had the highest unemployment rate for the month, at 4.7 percent.

The BLS said the metropolitan area with the lowest October unemployment rate in the nation was Fargo, North Dakota, with 1.8 percent. The area with the highest unemployment rate was El Centro, California at 22 percent.

Earlier this month, the Arkansas Department of Workforce Services reported the state’s seasonally adjusted unemployment rate remained unchanged from September to October, at 4.0 percent. It was down from 4.9 percent during the same month in the previous year.