Employing a Superior Workforce in Little Rock


Employing a Superior Workforce in Little Rock
(Alexis Crowe)

The Little Rock Region features a diverse and vital economy that provides an environment where businesses of all types can grow and thrive. Long a hub for policy, banking and health care, the region has also established itself as a player in advanced manufacturing, innovation and logistics.

Key Economic Sectors

+ Advanced Manufacturing
+ Corporate Operations
+ Distribution/Logistics
+ Energy Technologies
+ Financial Services and Technologies
+ Health Care/Medical


Corporate Operations

With a high-growth environment, as well as a significant base of corporate headquarters in the banking/financial services, energy technologies and other sectors, the Little Rock Region presents a lucrative opportunity for the location of corporate operations and is home to several.

 

Pulaski County

MSA*

Jobs

5,279

5,731

Avg. Earnings

$61,450

$84,744

Projected Growth (2014-2024)

12.2%

11.6%

*Represents NAICS Code 551114 - corporate, subsidiary and regional managing offices.
Source: Arkansas Economic Development Commission

Advanced Manufacturing

With the presence of well-known companies such as Caterpillar, LM Wind Power, Skippy Foods (which manufactures all the world’s Skippy peanut butter at its Little Rock Port facility) and Dassault Falcon Jet, one of the region’s top manufacturing employers, this sector presents significant opportunities for the region.

The sector benefits from a skilled workforce and access to programs and graduates through the University of Arkansas-Pulaski Technical College and UA Little Rock.

 

Pulaski County

MSA*

Jobs

13,728

14,013

Avg. Earnings

$70,933

$67,769

Projected Growth (2014-2024)

2.1%

2.5%

*Represents all manufacturing NAICS codes 31-33
Source: Arkansas Economic Development Commission

Distribution Logistics

More than 6,500 people are employed in this sector from Pulaski County alone, while the region offers an intermodal network including direct access to I-40 (North Carolina to California) and I-30 (North Little Rock to Fort Worth); water access via the Port of Little Rock on the 448-mile McClellan-Kerr Arkansas River Navigation System; two Dual Class I rail providers and air service through Bill and Hillary National Airport, serving 2.6 million passengers a year (Also see Location, Location, Little Rock.)

 

Pulaski County

MSA*

Jobs

7,307

9,690

Avg. Earnings

$65,981

$66,811

Projected Growth (2014-2024)

1.1%

2.8%

*Represents 15 industry sectors
Source: Arkansas Economic Development Commission

Corporate Headquarters