Arkansas Jobless Rate Unchanged at 3.1% in March

Arkansas' unemployment  rate didn’t change from February to March, remaining at a historic low of 3.1%, the state Division of Workforce Services reported Friday.

Arkansas' civilian labor force increased by 4,508, the result of 5,255 more employed and 747 fewer unemployed Arkansans. The U.S. jobless rate was 3.6% in March, down two-tenths of a percentage point from February.

Arkansas' nonfarm payroll jobs increased 33,300 in March to more than 1.3 million. Gains were posted in seven major industry  sectors, while four sectors lost jobs:

  • Trade, transportation and utilities added 14,200 jobs, with hiring across all subsectors, but especially in transportation-warehousing-utilities (8,100). 

  • Leisure and hospitality added 9,100 jobs, with hiring across all subsectors.

  • Professional and business services added 6,000 jobs, with gains in management of companies (4,700) and professional-scientific-technical services (2,400).

  • Manufacturing added 4,500 jobs, with gains in both durable (2,600) and nondurable (1,900) goods manufacturing.

  • Government jobs increased by 2,400, mostly in local government-educational services (2,200).

  • Financial activities added 700 jobs.

  • Information added 100 jobs.

  • Educational and health services lost 2,700 jobs. Expansions in educational services (900) were more than offset by losses in health care and social assistance (3,600).

  • Other services lost 1,400 jobs.

  • Construction lost 300 jobs.

  • Mining and logging lost 200 jobs.

There were 31,600 more people employed in Arkansas in March than there were in March 2021.