Employment Snapshot - Fort Smith, AR-OK September-2021

Weller Emmons

VP of Analytics and Finance at Mployer Advisor. He is passionate about leveraging data to provide industry leading insights for Mployer Advisor’s clients. Prior to joining Mployer Advisor, Emmons served as a healthcare provider strategy consultant for Knowledge Capital Group and as an internal strategy consultant at HCA Healthcare. Emmons earned his MBA and BE in Biomedical Engineering, both from Vanderbilt University.

Market Employment Summary

Explore unemployment data from Mployer Advisor. Our visual, interactive tools let you sort and customize data to easily find the information you need.

Use the Tool

Additional Benchmarking Resources

In addition to unemployment information, Mployer Advisor offers the following resources for employers and HR professionals:

> Link to salary benchmarking tool > Link to insurance broker commission calculator

Overall unemployment rate moved down to 2.7% with the biggest shift in Government, which gained 1,300 roles, based on the most recently available information published in November 2021.

Total employment in the Fort Smith, AR-OK market rose by 1,064 jobs in September and the unemployment rate decreased compared to the prior month by 70 bps to 2.7%. The national unemployment rate decreased by 72 bps over the same time to 4.6%.

Fort Smith, AR-OK unemployment rate is 186 bps below the national rate which is a positive sign.
Unemployment in the market is 290 bps below the unemployment rate in the market last year at this time, which is a positive.
Average wages (per hour) grew in September versus prior month by 8.2% and are up compared to last year at this time in the market.

Month over Month Unemployment Change

Year over Year Unemployment Change

Fort Smith, AR-OK Unemployment September 2021

For key employment segments of the market, total jobs grew by 1.6% . Key sectors include:

Transportation & Utilities: 23,900; +200
Government: 17,600; +1,300
Manufacturing: 17,100; +300
Education & Healthcare: 16,700; -100
Business Services: 12,800; +400
Restaurants & Hotels: 9,300; -300
Construction, Mining: 5,700; no change
Other Jobs: 4,700; no change
Financial Services: 3,700; no change
IT & Development: 1,100; no change

Employment Change by Key Sector

Fort Smith, AR-OK Unemployment by Industry September 2021

Data is based on the most recent 12 months available, through September 2021 (Data published November 2021 and reports created on November 3, 2021). Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.

Fort Smith, AR-OK