Overall unemployment rate moved down to 4.0% with the biggest shift in Education & Healthcare, which gained 1,000 roles, based on the most recently available information published in September 2021.
Total employment in the Little Rock-North Little Rock-Conway, AR market declined by 5,084 jobs in August and the unemployment rate decreased compared to the prior month by 70 bps to 4.0%. The national unemployment rate decreased by 38 bps over the same time to 5.3%.
- Little Rock-North Little Rock-Conway, AR unemployment rate is 129 bps below the national rate which is a positive sign.
- Unemployment in the market is 310 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) declined in August versus prior month by -2.7% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs stayed flat. Key sectors include:
- Transportation & Utilities: 68,000; -300
- Government: 65,100; +900
- Education & Healthcare: 59,400; +1,000
- Business Services: 44,200; -600
- Restaurants & Hotels: 32,100; -200
- Financial Services: 23,300; -300
- Manufacturing: 19,000; -100
- Other Jobs: 18,500; -100
- Construction, Mining: 17,700; -200
- IT & Development: 5,300; no change
Data is based on the most recent 12 months available, through August 2021 (Data published September 2021 and reports created on September 29, 2021). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.