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Arkansas jobless rate stays at 4.4% for May
by
Andrew Moreau
|
June 24, 2021 at 1:58 a.m.
In this Sept. 2, 2020, file photo, a help wanted sign hangs on the door of a Target store in Uniontown, Pa.
The state s joblessness rate remained unchanged at 4.4% in May, still well below the national unemployment rate of 5.8%, Arkansas officials said Wednesday. Unemployment in Arkansas was 8.5% a year ago as the pandemic strangled the economy.
Ten industry sectors reported growth from April to May, and Arkansas nonfarm payroll jobs are up 70,500 compared with a year ago, the Arkansas Division of Workforce Services announced. We re still making progress toward full employment, it s just much slower than it was a few months back, said Michael Pakko, state economist with the Arkansas Economic Development Institute. It s a slow slog to get back to full employment, but we re much closer to it than the national average is at this point. It s just a matter of time, I gues
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Tyson Foods To Significantly Invest In Arkansas Poultry Production Facility
Tyson Foods will invest $48M as part of its commitment to accelerate long-term growth of its poultry plant in Pine Bluff, Arkansas. The company plans to create nearly 70 jobs by late 2021.
According to company officials, the project will increase capacity to the plant’s fully cooked processing lines that in part produces chicken tenders, chicken strips, boneless and bone-in wings and air-fried products. The investment will also add automated processes to product packing lines.
“The demand for convenient, high-quality chicken products continues to grow and we’re investing in projects that meet the needs of our customers and consumers,” said Donnie King, COO and Group President, Poultry for Tyson Foods. “We’d like to thank the Arkansas Economic Development Commission and the Economic Development Alliance for Jefferson County for their assistance and support of this project.”
Tyson Foods to Expand Arkansas Poultry Operation Nearly 70 jobs to be created by $48 million project
April 22, 2021 16:15 ET | Source: Tyson Foods, Inc. Tyson Foods, Inc. Springdale, Arkansas, UNITED STATES
SPRINGDALE, Ark., April 22, 2021 (GLOBE NEWSWIRE) Tyson Foods (NYSE: TSN) will invest $48 million as part of its commitment to accelerate the long-term growth of its poultry business and continued success of its Pine Bluff, Arkansas, poultry plant, company officials said today. Nearly 70 jobs will be created by the project, which is expected to be complete by late 2021.
“The demand for convenient, high-quality chicken products continues to grow and we’re investing in projects that meet the needs of our customers and consumers,” said Donnie King, Chief Operating Officer and Group President, Poultry for Tyson Foods. “We’d like to thank the Arkansas Economic Development Commission and the Economic Dev