Arkansas
Arkansas unemployment rate up in October
LITTLE ROCK, Ark. (KAIT) – Employers in Arkansas proceed to wrestle with getting new candidates available in the market.
On Friday, Nov. 18, the Arkansas Division of Workforce Companies reported the state’s seasonally adjusted unemployment price rose to three.6% for October, a one-tenth of a rise from September. The nationwide price additionally rose to three.7% for the month.
Information confirmed Arkansas’ civilian labor pressure declined by 489, a results of 1,589 fewer employed and 1,100 extra unemployed residents.
The Bureau of Labor Statistics reported the variety of employed Arkansans declined for the third month in a row, however there are nonetheless 17,802 extra employed in comparison with Oct. 2021.
In the meantime, nonfarm payroll jobs in Arkansas rose 7,800 in October, making the full 1,334,700.
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