Department of Numbers

Hot Springs, Arkansas Unemployment

The BLS reported that the unemployment rate for Hot Springs rose 0.1 percentage points in September 2022 to 4.2%. For the same month, the metro unemployment rate was 0.7 percentage points higher than the Arkansas rate. The unemployment rate in Hot Springs peaked in April 2020 at 15.4% and is now 11.2 percentage points lower. From a post peak low of 3.8% in February 2022, the unemployment rate has now grown by 0.4 percentage points. You can also compare Hot Springs unemployment with unemployment in other cities.

Unemployment Rate September 2022 Month/Month Year/Year
National 3.5% -0.2 -1.2
Arkansas 3.5% +0.1 0.0
Hot Springs 4.2% +0.1 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with September 2022 data as October 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 6,294. There are now 4,565 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 196. Hot Springs employment and jobs data (including jobs lost/gained in Hot Springs, Arkansas) is also available.

Unemployed Persons September 2022 Month/Month Year/Year
Hot Springs 1,729 +43 +33

Number of Unemployed Persons

Hot Springs, Arkansas Unemployment History

Date National
Unemployment Rate
Arkansas
Unemployment Rate
Hot Springs
Unemployment Rate
Hot Springs
Unemployed
October
2022
3.7%
September
2022
3.5% 3.5% 4.2% 1,729
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% 3.2% 3.9% 1,574
March
2022
3.6% 3.1% 3.8% 1,533
February
2022
3.8% 3.1% 3.8% 1,538
January
2022
4.0% 3.2% 3.9% 1,564
December
2021
3.9% 3.3% 4.0% 1,621
November
2021
4.2% 3.3% 3.9% 1,603

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.