jobs

The national unemployment rate dropped another half-percentage point last month to a 16-month low, which may signal economic repair, according to a recently released progress report by Staffmark. The report cites industries’ preparation for fall events as a significant factor…

Unemployment in Arkansas was stable from March to April, according to the latest report from the Arkansas Department of Workforce Services. In April, unemployment held steady at 4.4 percent after eleven consecutive months of declining unemployment. Arkansas’ unemployment rate has…

Job growth slowed in April 2021 with only 266,000 jobs added to the U.S. economy. The U.S. Bureau of Labor Statistics’ latest report, released Friday, showed that job growth dropped significantly after showing signs of recovery. U.S. employers added 770,000…

Employers added 379,000 new jobs to the economy in February 2021, per the latest report from the U.S. Department of Labor. According to the Labor Department, most of the job gains were in the leisure and hospitality sectors. There were…

In recent months, COVID-19 has roiled the worldwide economy, leading to significant job losses and skyrocketing unemployment numbers. Unemployment soared to 14.7 percent in the United States in April with 20.7 million jobs lost that month. The previous month saw…

White House senior economic adviser Kevin Hassett and Treasury Secretary Steven Mnunchin predicted that the unemployment rate will rise as the COVID-19 pandemic continues.  According to Hassett in an interview on CBS’s “Face The Nation,” the unemployment rate will likely…

by Tyler Hale During a ribbon-cutting ceremony today (Nov. 25), a Hot Springs-based aerospace company announced plans to hire 65 new employees to support its new plant expansion. Radius Aerospace cut the ribbon on its new titanium components plant expansion,…

The past ten days have been filled with significant economic development news for Arkansas, and I’d like to share some of that today. On October 24, I was in Jonesboro for the grand opening of the Risever Machine Company, which…

by Tyler Hale DXC Technology, a global information technology services company, has announced plans to create 1,200 new jobs in Conway. Local and state officials, as well as business leaders, gathered today (Oct. 22) in the Meadows Office & Technology…

Arkansas recently set a new record low for unemployment. The unemployment rate for July was 3.4 %, breaking the previous record of 3.5% last month. There are 19,200 more jobs in our state than this time last year. But the story of…