Overall unemployment rate moved down to 4.4% with the biggest shift in Restaurants & Hotels, which gained 1,000 roles, based on the most recently available information published in June 2021.
Total employment in the Little Rock-North Little Rock-Conway, AR market rose by 6,289 jobs in April and the unemployment rate decreased compared to the prior month by 50 bps to 4.4%. The national unemployment rate decreased by 43 bps over the same time to 5.7%.
- Little Rock-North Little Rock-Conway, AR unemployment rate is 135 bps below the national rate which is a positive sign.
- Unemployment in the market is 600 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in April versus prior month by -2.5% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.5% . Key sectors include:
- Transportation & Utilities: 68,200; +300
- Government: 67,900; +100
- Education & Healthcare: 58,700; +600
- Business Services: 44,800; -400
- Restaurants & Hotels: 29,200; +1,000
- Financial Services: 22,900; +100
- Manufacturing: 19,300; -100
- Other Jobs: 18,000; +100
- Construction, Mining: 18,000; +100
- IT & Development: 5,100; no change
Data is based on the most recent 12 months available, through April 2021 (Data published June 2021 and reports created on June 2, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.