Hot Springs, Arkansas Unemployment
The BLS reported that the unemployment rate for Hot Springs fell 0.2 percentage points in January 2023 to 4.0%. For the same month, the metro unemployment rate was 0.6 percentage points higher than the Arkansas rate. The unemployment rate in Hot Springs peaked in April 2020 at 15.4% and is now 11.4 percentage points lower. From a post peak low of 3.8% in February 2022, the unemployment rate has now grown by 0.2 percentage points. You can also compare Hot Springs 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 |
| Hot Springs | 4.0% | -0.2 | +0.1 |
Unemployment Rate: Hot Springs, Arkansas, National
Note: Recessions shown in gray.
Hot Springs, Arkansas Unemployed
The number of people unemployed in Hot Springs peaked in April 2020 at 6,294. There are now 4,635 fewer people unemployed in the metropolitan area. From a recent trough of 1,533 in March 2022, the number of unemployed has now grown by 126. Hot Springs employment and jobs data (including jobs lost/gained in Hot Springs, Arkansas) is also available.
| Unemployed Persons | January 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Hot Springs | 1,659 | -54 | +95 |
Number of Unemployed Persons
Hot Springs, Arkansas Unemployment History
| Date | National Unemployment Rate |
Arkansas Unemployment Rate |
Hot Springs Unemployment Rate |
Hot Springs Unemployed |
|---|---|---|---|---|
| February 2023 |
3.6% | — | — | — |
| January 2023 |
3.4% | 3.4% | 4.0% | 1,659 |
| December 2022 |
3.5% | 3.4% | 4.2% | 1,713 |
| November 2022 |
3.6% | 3.5% | 4.2% | 1,736 |
| October 2022 |
3.7% | 3.5% | 4.2% | 1,733 |
| September 2022 |
3.5% | 3.5% | 4.2% | 1,728 |
| August 2022 |
3.7% | 3.4% | 4.1% | 1,686 |
| July 2022 |
3.5% | 3.3% | 4.1% | 1,660 |
| June 2022 |
3.6% | 3.2% | 3.9% | 1,605 |
| May 2022 |
3.6% | 3.2% | 3.9% | 1,581 |
| April 2022 |
3.6% | 3.1% | 3.9% | 1,574 |
| March 2022 |
3.6% | 3.1% | 3.8% | 1,533 |
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. ↩
Department of Numbers
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