Fed Attacks Inflation With its Largest Rate Hike Since 1994
The Fed's three-quarter-point rate increase exceeds the half-point hike that Chair Jerome Powell had previously suggested was likely to be announced this week. read more >
by Associated Press -
US Failed to Stop Fraud in COVID Loan Program, Panel Chief Says
At least $80 billion distributed from the $400 billion program could have been fraudulent, much of it in scams using stolen identities. read more >
by Associated Press -
Fewer Americans File for Jobless Claims Last Week
Numbers remain at historically low levels. read more >
by Associated Press -
US Economy Shrank by 1.4% in Q1 but Consumers Kept Spending
Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth. read more >
by Associated Press -
Fewest Americans Collecting Jobless Aid Since 1970
American workers are enjoying extraordinary job security. read more >
by Associated Press -
More Americans Apply for Jobless Benefits; Layoffs Still Low
In total, 1,307,000 Americans were collecting jobless aid for the week ending March 19, the fewest since December 1969. read more >
by Associated Press -
US Weekly Jobless Claims Fall for the First Time in a Month
Claims fell to 260,000, fewer than the 265,000 analysts were expecting. read more >
by Associated Press -
Inflation Slowing, Economists Tell Arkansas State Chamber
Uncertainty remains, but the good news is that Arkansas and the country seem to be nearing full employment. read more >
US Adds Modest 199,000 Jobs as Unemployment Sinks to 3.9%
Wages also rose sharply, a sign that companies are competing fiercely to fill their open jobs. read more >
by Associated Press -
US Jobless Claims Rise by 7,000, Still Low at 207,000
The omicron variant so far does not appear to have triggered significant layoffs. read more >
by Associated Press -
US Jobless Claims Unchanged at 205,000
The weekly claims numbers, a proxy for layoffs, have fallen steadily most of the year. read more >
by Associated Press -
Fed to Accelerate Withdrawal of Economic Aid as Prices Surge
The central bank will likely reduce its monthly bond purchases at twice the rate it outlined just six weeks ago. read more >
by Associated Press -
US Jobless Claims Rise by 28,000, but Still Low at 222,000
Overall, 2 million Americans were receiving traditional jobless benefits the week that ended Nov. 20. read more >
by Associated Press -
Arkansas Economist Sees Low Unemployment, Less Spending Ahead
Unemployment of between 3.3%-4% is also expected. read more >
Unemployment Claims Drop to 269,000, Another Pandemic Low
The labor market is continuing to recover, albeit slowly. read more >
by Associated Press -
US Unemployment Claims Fall to New Pandemic Low of 290,000
Applications for jobless aid, which generally track the pace of layoffs, have fallen steadily from about 900,000 in January. read more >
by Associated Press -
US Jobless Claims Fall to 326,000, First Drop in Four Weeks
Shutdowns at auto plants resulting from a shortage of computer chips could make the numbers volatile over the next few weeks. read more >
by Associated Press -
Arkansas Unemployment Rises to 4 Percent
Arkansas' seasonally adjusted unemployment rate increased by one-tenth of a percentage point, from 3.9 percent in August to 4 percent in September. read more >
Burgundy Book: Wages Increasing, Unemployment Declining
The unemployment rate in the Little Rock zone averaged 3.8 percent in the second quarter, its lowest rate on record, according to the latest Little Rock Burgundy Book. read more >
by Alexis Crowe -
Arkansas Employment at Record High, Unemployment at 3.9 Percent
Arkansas' seasonally adjusted unemployment rate declined two-tenths of a percentage point, from 4.1 percent in March to 3.9 percent in April, according to the state Department of Workforce Services. read more >
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