Arkansas Unemployment Rate Falls to 6.2 Percent But Labor Force Smaller

by Lee Hogan  on Friday, Jul. 18, 2014 9:42 am  

•Manufacturing added, 3,400 jobs from June 2013, mostly in durable goods, 2,400 jobs. The sector was up 1,900 jobs from May.

•Trade, transportation and utilities increased 3,000 jobs from the same time a year ago. Retail saw 2,000 more jobs, and wholesale saw 1,400 more jobs. The entire sector was down 1,000 jobs from May.

•Mining and logging added 200 jobs from this time last year. It's also up 200 jobs from May.

•Information is down 400 jobs from a year ago, but up 100 jobs from May.

•Financial activities is up 800 jobs from a year ago and from May. Finance and insurance is up 600 jobs from a year ago and 500 from May, while real estate is up 200 from a year ago and 300 from May.

•Government jobs were down 300 jobs from a year ago and 5,900 from May. State government jobs were down 4,300 jobs from May and up 600 from a year ago. Local government jobs were down 1,700 from May and down 400 from a year ago.

•Other services were unchanged from May and up 200 jobs from a year ago.

Across the Country

The U.S. Bureau of Labor Statistics said regional and state unemployment rates were "generally little changed," however, 22 states and the District of Columbia posted lower unemployment rates in June, compared to the previous month. Another 14 states saw no change, and 14 states saw an increase in unemployment rates.

From this time a year ago, 49 states and D.C. have lower unemployment rates. The national unemployment rate is down 1.4 percent from June 2013.

Mississippi and Rhode Island had the highest unemployment rates among states, both at 7.9 percent. North Dakota had the lowest rate at 2.7 percent.

 

 

Please read our comments policy before commenting.