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
- AMP NewsBusinessPolitics
Unemployment Holds Steady in April at 4.4 Percent
by Tyler Haleby Tyler HaleUnemployment 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…
- AMP NewsPolitics
Arkansas Exiting Federal Supplemental Unemployment Assistance Program
by AMP Staffby AMP StaffArkansas will no longer participate in the federal supplemental unemployment assistance program after June. Gov. Asa Hutchinson has directed the Arkansas Division of Workforce Services to cease its participation in the federal program after June 26. He attributed this decision…
- AMP NewsBusinessPolitics
Job Growth Slows in April with Unemployment Slightly Rising
by Tyler Haleby Tyler HaleJob 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…
- AMP NewsPolitics
U.S. Department of Labor Expands PUA Eligibility for State Unemployment Agencies
by AMP Staffby AMP StaffThe U.S. Department of Labor has issued new guidance to state unemployment issuance agencies, expanding the eligibility factors for Pandemic Unemployment Assistance. Under this guidance, agencies are allowed to expand unemployment insurance eligibility to three categories of workers. These include…
- AMP NewsPolitics
State Will Exclude 2020 2Q Unemployment Claims for 2021 Taxes
by Tyler Haleby Tyler HaleA recent executive order signed by Gov. Asa Hutchinson is expected to provide relief for business owners by excluding unemployment claims for the second quarter of 2020 in the calculation of UI tax rates. According to Executive Order 20-54, signed…
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National and Arkansas Initial Unemployment Claims Rise in Past Week
by Tyler Haleby Tyler HaleAs the COVID-19 pandemic continues, the U.S. unemployment numbers remain at significant highs. In the latest U.S. Department of Labor report, 778,000 individuals filed for unemployment insurance benefits (on a seasonally adjusted basis) for the first time for the week…
- AMP NewsBusiness
Across United States, 751K Apply for Weekly Unemployment Benefits
by Tyler Haleby Tyler HaleIn the United States, approximately 751,000 individuals applied for unemployment insurance for the week ending Oct. 31. This marks a slight decline from the previous week’s report, when 758,000 applied for benefits. Initially, the weekly claims had been put at…
Gov. Asa Hutchinson announced during his daily press conference today that the state of Arkansas is submitting an application to the Federal Emergency Management Agency (FEMA) for $300 in unemployment benefits per unemployed Arkansan. This move was made to keep the…