Overall unemployment rate stayed flat at 3.5% with the biggest shift in Government, which gained 2,100 roles, based on the most recently available information published in November 2022.
Total employment in the Little Rock-North Little Rock-Conway, AR market declined by 992 jobs in September and the unemployment rate stayed flat. The national unemployment rate decreased by 47 bps over the same time to 3.3%.
- Little Rock-North Little Rock-Conway, AR unemployment rate is 18 bps above the national rate which is a negative sign.
- Unemployment in the market is 10 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 6.6% and are up compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 75,300; -600
- Government: 67,200; +2,100
- Education & Healthcare: 59,900; +300
- Business Services: 46,300; +600
- Restaurants & Hotels: 36,000; -600
- Financial Services: 23,400; -100
- Manufacturing: 19,900; -300
- Construction, Mining: 18,700; +200
- Other Jobs: 18,100; -100
- IT & Development: 5,700; no change
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.