Department of Numbers

Hot Springs, Arkansas Unemployment

The BLS reported that the unemployment rate for Hot Springs fell 0.1 percentage points in May 2023 to 3.2%. For the same month, the metro unemployment rate was 0.5 percentage points higher than the Arkansas rate. The unemployment rate in Hot Springs peaked in April 2020 at 15.5% and is now 12.3 percentage points lower. You can also compare Hot Springs unemployment with unemployment in other cities.

Unemployment Rate May 2023 Month/Month Year/Year
National 3.7% +0.3 +0.1
Arkansas 2.7% -0.1 -0.5
Hot Springs 3.2% -0.1 -0.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with May 2023 data as June metro level unemployment data has not yet been released.

Unemployment Rate: Hot Springs, Arkansas, National

Hot Springs, Arkansas monthly unemployment rate chart

Note: Recessions shown in gray.

Hot Springs, Arkansas Unemployed

The number of people unemployed in Hot Springs peaked in April 2020 at 6,239. There are now 4,889 fewer people unemployed in the metropolitan area. Hot Springs employment and jobs data (including jobs lost/gained in Hot Springs, Arkansas) is also available.

Unemployed Persons May 2023 Month/Month Year/Year
Hot Springs 1,350 -45 -245

Number of Unemployed Persons

Hot Springs, Arkansas Unemployment History

Date National
Unemployment Rate
Arkansas
Unemployment Rate
Hot Springs
Unemployment Rate
Hot Springs
Unemployed
June
2023
3.6%
May
2023
3.7% 2.7% 3.2% 1,350
April
2023
3.4% 2.8% 3.3% 1,395
March
2023
3.5% 3.0% 3.4% 1,432
February
2023
3.6% 3.2% 3.5% 1,502
January
2023
3.4% 3.4% 3.8% 1,603
December
2022
3.5% 3.4% 3.9% 1,640
November
2022
3.6% 3.5% 3.9% 1,644
October
2022
3.7% 3.5% 3.9% 1,652
September
2022
3.5% 3.5% 3.9% 1,658
August
2022
3.7% 3.4% 3.9% 1,656
July
2022
3.5% 3.3% 3.9% 1,642

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.