Department of Numbers

Hot Springs, Arkansas Unemployment

The BLS reported that the unemployment rate for Hot Springs rose 0.1 percentage points in April 2022 to 3.9%. 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 11.5 percentage points lower. From a post peak low of 3.8% in February 2022, the unemployment rate has now grown by 0.1 percentage points. You can also compare Hot Springs unemployment with unemployment in other cities.

Unemployment Rate April 2022 Month/Month Year/Year
National 3.6% 0.0 -2.4
Arkansas 3.2% +0.1 -1.3
Hot Springs 3.9% +0.1 -1.9
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with April 2022 data as May 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 4,720 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 41. Hot Springs employment and jobs data (including jobs lost/gained in Hot Springs, Arkansas) is also available.

Unemployed Persons April 2022 Month/Month Year/Year
Hot Springs 1,574 +41 -785

Number of Unemployed Persons

Hot Springs, Arkansas Unemployment History

Date National
Unemployment Rate
Arkansas
Unemployment Rate
Hot Springs
Unemployment Rate
Hot Springs
Unemployed
May
2022
3.6%
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
October
2021
4.6% 3.4% 4.0% 1,606
September
2021
4.7% 3.5% 4.2% 1,696
August
2021
5.2% 3.8% 4.5% 1,828
July
2021
5.4% 4.0% 4.9% 1,981
June
2021
5.9% 4.2% 5.3% 2,130

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.