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Arkansas' Unemployment Rate Falls to a Record Low of 3.1 Percent in February.

According to data from the Arkansas Division of Workforce Services, Arkansas' unemployment rate fell slightly in February.

The state's unemployment rate fell from 3.2 percent in January 2022 to 3.1 percent in February, a one-tenth of a percentage point decrease, according to the agency.

According to data, the civilian labor force in Arkansas increased by 4,569, resulting in 5,028 Arkansans employed and 459 fewer state residents unemployed.

Nonfarm payroll jobs increased by 7,700 in February, bringing the total to 1,300,700, according to the report. According to agency officials, eight major industry sectors experienced job growth, with leisure and hospitality adding the most.

According to the Arkansas Division of Workforce Services report, nonfarm payroll jobs in the state have increased by 44,300 since February 2021. Trade, transportation, and utilities jobs increased by 15,300, according to agency officials, out of the nine major industry sectors that reported growth.

View the entire press release below.

Press Release- February 2022
Download PDF • 367KB

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