Stay updated with breaking news from Michael Pakko. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Arkansas' unemployment rate continued to fall in December, ending 2021 at a record low of 3.1%. That was a decline from 3.4% in November and continued a full year of improved employment during the pandemic, state officials reported Tuesday.
Uncertainty remains, but the good news is that Arkansas and the country seem to be nearing full employment.
According to local economist Michael Pakko, retail sales across the state are running 25% higher than pre-pandemic levels in 2019.
Unemployment continues to improve in Arkansas with the state reporting Friday that the joblessness rate tumbled to 3.4% in November, down from 3.7% in October. The state's unemployment rate also continues to best the nation overall, with U.S. unemployment at 4.2% in November.
Unemployment continues to improve in Arkansas with the state reporting Friday that the joblessness rate tumbled to 3.4% in November, down from 3.7% in October. The state's unemployment rate also continues to best the nation overall, with U.S. unemployment at 4.2% in November.