Arkansas Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Arkansas rose 0.2 percentage points in October 2023 to 3.1%. The state unemployment rate was 0.8 percentage points lower than the national rate for the month. The unemployment rate in Arkansas peaked in April 2020 at 10.1% and is now 7.0 percentage points lower. From a post peak low of 2.6% in June 2023, the unemployment rate has now grown by 0.5 percentage points. You can also see Arkansas unemployment compared to other states.
| Unemployment Rate | October 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.9% | +0.1 | +0.2 |
| Arkansas | 3.1% | +0.2 | -0.4 |
Unemployment Rate: Arkansas, National
Note: Recessions shown in gray
Arkansas Unemployed
The number of people unemployed in Arkansas peaked in April 2020 at 137,037. There are now 94,488 fewer people unemployed in the state. From a recent trough of 35,624 in July 2023, the number of unemployed has now grown by 6,925. Arkansas job growth data is also available.
| Unemployed Persons | October 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Arkansas | 42,549 | +2,616 | -5,413 |
Number of Unemployed Persons
Arkansas Unemployment History
| Date | National Unemployment Rate |
Arkansas Unemployment Rate |
Arkansas Unemployed |
|---|---|---|---|
| October 2023 | 3.9% | 3.1% | 42,549 |
| September 2023 | 3.8% | 2.9% | 39,933 |
| August 2023 | 3.8% | 2.7% | 37,339 |
| July 2023 | 3.5% | 2.6% | 35,624 |
| June 2023 | 3.6% | 2.6% | 35,880 |
| May 2023 | 3.7% | 2.7% | 37,133 |
| April 2023 | 3.4% | 2.8% | 39,021 |
| March 2023 | 3.5% | 3.0% | 40,868 |
| February 2023 | 3.6% | 3.2% | 43,670 |
| January 2023 | 3.4% | 3.4% | 46,604 |
| December 2022 | 3.5% | 3.4% | 47,352 |
| November 2022 | 3.6% | 3.5% | 47,676 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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