LITTLE ROCK, AR - There's another drop to report in unemployment numbers in Arkansas.
The Arkansas Department of Workforce Services (DWS) says the Natural State's jobless rate declined to 6.2 percent in July, a drop of one-tenth of a percentage point from June's rate of 6.3 percent.
Labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics and released today by DWS, shows Arkansas’ civilian labor force decreased 7,900, a result of 7,200 fewer employed and 700 less unemployed Arkansans.
“Arkansas’ unemployment rate declined one-tenth of a percentage point this month. Compared to July 2013, the rate is down one and five-tenths percentage points, and the number of unemployed is down 20,800,” says DWS Communications Director Becky Heflin.
The United States’ jobless rate increased one-tenth of a percentage point, from 6.1 percent in June to 6.2 percent in July.
Arkansas Nonfarm Payroll Job Summary
Arkansas’ nonfarm payroll employment declined 14,300 in July to total 1,178,700. Seven major industry sectors posted decreases, more than offsetting minor gains in three sectors. Employment in one major industry sector was unchanged. Jobs in government dropped 12,700. All losses were in local (-11,200) and state (-1,600) government, related to the seasonal closure of public schools and universities. Trade, transportation, and utilities decreased 900. The drop occurred in wholesale trade (-900).
Since July 2013, nonfarm payroll jobs in Arkansas are up 17,000. Nine major industry sectors posted job growth, while two declined slightly. Five sectors showed increases of 2,300 or more, each. Educational and health services added 4,200 jobs. Most of the gains were reported in social assistance (+3,500). Jobs in leisure and hospitality rose 3,300. A majority of the growth occurred in food services (+3,000). Professional and business services expanded 2,400. Most of the additions were in administrative and support services, which includes employment agencies. Construction jobs increased 2,300. Businesses reporting gains include site preparation, HVAC, and electrical contractors. Manufacturing added 2,300 jobs. The majority of the growth was in durable goods (+2,100), which includes the manufacturing of products such as fabricated metals, machinery, and transportation equipment.
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