Overall unemployment rate stayed flat at 2.6% with the biggest shift in Government, which gained 2,000 roles, based on the most recently available information published in April 2022.

Total employment in the Fayetteville-Springdale-Rogers, AR-MO market rose by 7,160 jobs in February and the unemployment rate stayed flat. The national unemployment rate decreased by 28 bps over the same time to 4.1%.

  • Fayetteville-Springdale-Rogers, AR-MO unemployment rate is 154 bps below the national rate which is a positive sign.
  • Unemployment in the market is 120 bps below the unemployment rate in the market last year at this time, which is a positive.
  • Average wages (per hour) grew in February versus prior month by 5.6% and are equal 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 February 2022

For key employment segments of the market, total jobs grew by 2.0% . Key sectors include:

  • Transportation & Utilities: 62,000; +1,300
  • Business Services: 56,700; +1,100
  • Government: 40,600; +2,000
  • Manufacturing: 31,500; no change
  • Education & Healthcare: 30,900; +600
  • Restaurants & Hotels: 26,100; +400
  • Construction, Mining: 13,700; +100
  • Other Jobs: 9,900; +100
  • Financial Services: 8,900; -100
  • IT & Development: 2,100; no change
Fayetteville-Springdale-Rogers, AR-MO Unemployment by Industry February 2022

Data is based on the most recent 12 months available, through February 2022 (Data published April 2022 and reports created on April 6, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.