Labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics and released today by the Arkansas Department of Workforce Services, show Arkansas’ seasonally adjusted unemployment rate dropped two-tenths of a percentage point, from 5.0 percent in November to 4.8 percent in December. Arkansas’ civilian labor force increased 1,400, a result of 3,700 more employed and 2,300 fewer unemployed Arkansans. The United States’ jobless rate remain stable at 5.0 percent in December.
BLS Program Operations Manager Susan Price said, “Arkansas’ unemployment rate fell to 4.8 percent in December, dropping nine-tenths of a percentage point since December 2014. The jobless rate has steadily declined for seven consecutive months.”