Department of Numbers

Fayetteville-Springdale-Rogers, Arkansas Unemployment

The BLS reported that the unemployment rate for Fayetteville fell 0.1 percentage points in January 2023 to 2.4%. For the same month, the metro unemployment rate was 1.0 percentage points lower than the Arkansas rate. The unemployment rate in Fayetteville peaked in April 2020 at 7.8% and is now 5.4 percentage points lower. From a post peak low of 2.2% in February 2022, the unemployment rate has now grown by 0.2 percentage points. You can also compare Fayetteville unemployment with unemployment in other cities.

Unemployment Rate January 2023 Month/Month Year/Year
National 3.4% -0.1 -0.6
Arkansas 3.4% 0.0 +0.2
Fayetteville 2.4% -0.1 +0.1
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with January 2023 data as February metro level unemployment data has not yet been released.

Unemployment Rate: Fayetteville, Arkansas, National

Fayetteville, Arkansas monthly unemployment rate chart

Note: Recessions shown in gray.

Fayetteville, Arkansas Unemployed

The number of people unemployed in Fayetteville peaked in April 2020 at 22,126. There are now 14,846 fewer people unemployed in the metropolitan area. From a recent trough of 6,489 in March 2022, the number of unemployed has now grown by 791. Fayetteville employment and jobs data (including jobs lost/gained in Fayetteville, Arkansas) is also available.

Unemployed Persons January 2023 Month/Month Year/Year
Fayetteville 7,280 -47 +613

Number of Unemployed Persons

Fayetteville, Arkansas Unemployment History

Date National
Unemployment Rate
Arkansas
Unemployment Rate
Fayetteville
Unemployment Rate
Fayetteville
Unemployed
February
2023
3.6%
January
2023
3.4% 3.4% 2.4% 7,280
December
2022
3.5% 3.4% 2.5% 7,327
November
2022
3.6% 3.5% 2.5% 7,353
October
2022
3.7% 3.5% 2.4% 7,212
September
2022
3.5% 3.5% 2.4% 7,129
August
2022
3.7% 3.4% 2.3% 6,902
July
2022
3.5% 3.3% 2.3% 6,817
June
2022
3.6% 3.2% 2.3% 6,681
May
2022
3.6% 3.2% 2.2% 6,604
April
2022
3.6% 3.1% 2.2% 6,609
March
2022
3.6% 3.1% 2.2% 6,489

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.