Overall unemployment rate moved up to 3.7% with the biggest shift in Government, which lost 1,600 roles, based on the most recently available information published in March 2021.

Total employment in the Fayetteville-Springdale-Rogers, AR-MO market rose by 559 jobs in January and the unemployment rate increased compared to the prior month by 60 bps to 3.7%. The national unemployment rate increased by 31 bps over the same time to 6.8%.

  • Fayetteville-Springdale-Rogers, AR-MO unemployment rate is 311 bps below the national rate which is a positive sign.
  • Unemployment in the market is 80 bps above the unemployment rate in the market last year at this time, which is a negative.
  • Average wages (per hour) grew in January versus prior month by 2.8% and are up compared to last year at this time in the market.
Month over Month Unemployment Change
Year over Year Unemployment Change
Fayetteville-Springdale-Rogers, AR-MO Unemployment January 2021

For key employment segments of the market, total jobs declined by -1.8%. Key sectors include:

  • Transportation & Utilities: 57,800; -1,000
  • Business Services: 50,800; -1,100
  • Government: 37,200; -1,600
  • Manufacturing: 31,400; no change
  • Education & Healthcare: 30,100; no change
  • Restaurants & Hotels: 23,800; -900
  • Construction, Mining: 13,200; -100
  • Other Jobs: 9,600; no change
  • Financial Services: 8,500; -100
  • IT & Development: 1,900; no change
Fayetteville-Springdale-Rogers, AR-MO Unemployment by Industry January 2021

Data is based on the most recent 12 months available, through January 2021 (Data published March 2021 and reports created on March 25, 2021).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.