Overall unemployment rate moved down to 5.1% , based on the most recently available information published in June 2022.
Total employment in the Pine Bluff, AR market declined by 234 jobs in May and the unemployment rate decreased compared to the prior month by 30 bps to 5.1%. The national unemployment rate increased by 4 bps over the same time to 3.4%.
- Pine Bluff, AR unemployment rate is 172 bps above the national rate which is a negative sign.
- Unemployment in the market is 130 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in May versus prior month by 25% 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:
- Government: 8,400; no change
Data is based on the most recent 12 months available, through May 2022 (Data published June 2022 and reports created on June 29, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.