Overall unemployment rate moved up to 3.6% with the biggest shift in Government, which gained 1,300 roles, based on the most recently available information published in November 2022.

Total employment in the Fort Smith, AR-OK market declined by 500 jobs in September and the unemployment rate increased compared to the prior month by 20 bps to 3.6%. The national unemployment rate decreased by 47 bps over the same time to 3.3%.

  • Fort Smith, AR-OK unemployment rate is 28 bps above the national rate which is a negative sign.
  • Unemployment in the market is 50 bps above the unemployment rate in the market last year at this time, which is a negative.
  • Average wages (per hour) grew in September versus prior month by 6.9% 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 2022

For key employment segments of the market, total jobs grew by 0.8% . Key sectors include:

  • Transportation & Utilities: 24,100; -300
  • Manufacturing: 18,300; -200
  • Government: 17,800; +1,300
  • Education & Healthcare: 17,200; +300
  • Business Services: 11,300; +100
  • Restaurants & Hotels: 9,900; -300
  • Construction, Mining: 5,200; no change
  • Other Jobs: 4,300; no change
Fort Smith, AR-OK Unemployment by Industry September 2022

Data is based on the most recent 12 months available, through September 2022 (Data published November 2022 and reports created on November 2, 2022).  Source: Government data agency and locally acquired statistics.

Note: All reported data is not seasonally adjusted.