Arkansas Labor Market · 2016-04-28 · Spotlight A Comparative Look at Unemployment Rates Due to...

Nonfarm Payroll Jobs Increase 3,200 in October

Arkansas’ Unemployment Rate Declines to 5.1 Percent

E m p l o y m e n t H e a d l i n e s

E m p l o y m e n t Q u i c k F a c t sNonfarm Payroll Summary

Oct 15 Sep 15 Oct 14

Total Nonfarm

Goods Producing Service Providing

1,223,300 1,220,100 1,203,600

215,900 216,000 212,300

1,007,400 1,004,100 991,300

State of Arkansas

Unemployment Rates

AR Unemployment Rate

US Unemployment Rate


5.1 5.2 5.8

5.0 5.1 5.7

Seasonally Adjusted

Jobs in Service Providing IndustriesState of Arkansas

January 2013 - October 2015

www.discover.arkansas.gov

Arkansas Labor MarketOctober 2015

940,000

950,000

960,000

970,000

980,000

990,000

1,000,000

1,010,000

1,020,000

J F M A M J J A S O N D

2013 2014 2015

State of Arkansas

Total Nonfarm Goods Producing Mining & Logging Construction Specialty Trade Contractors Manufacturing Durable Goods Nondurable Goods Service Providing Trade, Transportation & Utilities Wholesale Trade Retail Trade Transport, Warehousing & Utilities Information Financial Activities Finance & Insurance Real Estate & Rental & Leasing Professional & Business Services Professional,Scientific&Technical Management of Companies Administrative & Support Services Educational & Health Services Educational Services Health Care & Social Assistance Ambulatory Health Care Social Assistance Leisure & Hospitality Arts, Entertainment & Recreation Accommodation & Food Services Accommodation Services Food Services Other Services Government Federal Government State Government Local Government

Oct 15 Sep 15 Oct 14 (NAICS)

Nonfarm Payroll Jobs

Manufacturing Durable Goods Nondurable Goods

Oct 15 Oct 14 Sep 15 Oct 15 Oct 14 Sep 15 Oct 15 Sep 15 Oct 14

Average Weekly Earnings Average Weekly Hours Average Hourly Earnings

Hours and Earnings of Arkansas Production Workers(Manufacturing Industries)

September 2015 - October 2015

Nonfarm payroll jobs in Arkansas increased 3,200 in October to total 1,223,300. Employ-ment rose in six major industry sectors, while four sectors declined. Government added 2,200 jobs. Local (+1,400) and state (+800) gov-ernment posted all the gains, as public school employment reaches full capacity. Educational and health services increased 1,100. Most of the additions occurred in health care and social assistance (+800). Jobs in trade, transporta-tion, and utilities rose 1,100. All gains were in retail trade (+1,600), which more than offset minor declines in other subsectors. Leisure and hospitality decreased 2,100. Losses oc-curred in arts, entertainment, and recreation (-800) and accommodation and food services (-1,300), both typical seasonal declines.

October 2014 - October 2015

Compared to October 2014, Arkansas’ non-farm payroll employment is up 19,700. Seven major industry sectors reported job growth, as four sectors declined. Construction post-ed the greatest increase, adding 8,200 jobs. Most of the gains were in specialty trade con-tractors (+7,200). Jobs in educational and health services rose 5,400. Expansions in health care and social assistance (+6,200) more than offset the losses in educational services (-800). Professional and business services added 4,400 jobs, with additions reported across all subsectors. Employment in leisure and hospitality rose 3,200. A majority of the growth was in food services (+2,500). Jobs in manufacturing declined 3,900. Losses were reported in both durable goods (-2,300) and nondurable goods (-1,600) manufacturing.

1,203,600212,300

9,00046,40029,000

156,90077,70079,200

991,300246,30046,500

136,20063,60013,70049,50036,70012,800

136,40039,30033,20063,900

175,10015,000

160,10050,00037,500

109,20010,30098,90011,00087,90043,700

217,40020,20079,800

117,400

1,220,100216,000

8,30055,30036,000

152,40075,30077,100

1,004,100245,60048,100

134,80062,70013,70051,00037,90013,100

140,90040,20034,30066,400

179,40013,900

165,50051,50038,600

114,50011,700

102,80011,10091,70044,300

214,70020,20079,600

114,900

1,223,300215,900

8,30054,60036,200

153,00075,40077,600

1,007,400246,70047,700

136,40062,60013,60051,30038,20013,100

140,80041,20034,70064,900

180,50014,200

166,30051,70039,200

112,40010,900

101,50011,10090,40045,200

216,90020,20080,400

116,300

$661.57710.12612.57

$666.20711.79622.05

$669.44719.35621.92

41.441.041.7

41.239.542.9

41.441.241.6

$15.9817.3214.69

$16.1718.0214.50

$16.1717.4614.95

Nonfarm Payroll Employment

SpotlightA Comparative Look at Unemployment Rates

Due to differing economies and labor force conditions in various parts of the country, unemployment rates vary greatly from state to state. In October 2015, state jobless rates ranged from a low of 2.8 percent in North Dakota to a high of 6.9 percent in West Virginia. The unemployment rate in Arkansas in October declined to 5.1 percent, a ranking of 27 out of 51 states. By looking at the map below, it becomes apparent that trends exist among states that are located within the same region. While there are some exceptions, western states tend to have higher jobless rates than states located in the midwest. Simi-larly, states located in the northeast generally experience lower unemployment rates than states located in the southeast. These regional trends occur because states often experience economic similarities based on shared industries, work forces, and climates.

North DakotaNebraskaSouth DakotaHawaiiNew HampshireIowaUtahMinnesotaVermontColoradoIdahoWyomingKansasMontanaVirginiaMaineOklahomaWisconsinIndianaOhio

CaliforniaAlabamaMississippiOregonArizonaLouisianaAlaskaDistrict of ColumbiaNevadaNew MexicoWest Virginia

123446788

1011111313151616161919

4142424445464748485051

2.82.93.23.33.33.53.63.73.73.84.04.04.14.14.24.34.34.34.44.4

5.85.95.96.06.16.26.46.66.66.86.9

Rank

U.S. Unemployment Rate = 5.0 Percent

1922232425252727272727273334353537373939

TexasMassachusettsNew YorkKentuckyMichiganMissouriArkansasConnecticutDelawareFloridaMarylandPennsylvaniaWashingtonRhode IslandIllinoisNew JerseySouth CarolinaTennesseeGeorgiaNorth Carolina

State4.44.64.84.95.05.05.15.15.15.15.15.15.25.35.45.45.65.65.75.7

Rate Rank State Rate Rank State Rate

Unemployment Rates, Ranked by State (Seasonally Adjusted)October 2015

Unemployment Rates, Ranked by State (Seasonally Adjusted)October 2015

Continental U.S. Only

Nonfarm Payroll Jobs Nonfarm Payroll Jobs

Total Nonfarm Goods Producing Mining, Logging & Construction Manufacturing Service Providing Trade, Transportation & Utilities Wholesale Trade Retail Trade Trans., Warehousing & Utilities Information Financial Activities Professional & Business Services Educational & Health Services Leisure & Hospitality Other Services Government Federal Government State Government Local Government

355,10039,20018,90020,300

315,90066,60014,80038,30013,5006,600

20,80046,60053,30034,00016,30071,7009,700

34,90027,100

353,60039,20018,90020,300

314,40065,80014,90037,20013,7006,600

20,80045,60053,10034,90016,40071,2009,700

34,80026,700

348,40037,10016,80020,300

311,30067,10015,00037,90014,2006,700

20,50045,00052,30032,20016,00071,5009,500

34,60027,400


232,10035,5008,800

26,700196,60051,40011,10024,70015,6001,8007,000

45,90025,80023,8006,800

34,1002,500

13,60018,000

231,30036,1008,900

27,200195,20051,40011,20024,50015,7001,9006,900

45,30025,70023,8006,800

33,4002,600

13,30017,500

227,20036,1008,600

27,500191,10050,60010,80024,10015,7001,9006,800

45,50025,00021,4006,600

33,3002,500

12,90017,900

NAICS NAICS Oct 15 Sep 15 Oct 14 Oct 15 Sep 15 Oct 14

The LR-NLR-Conway MSA consists of the following counties: Faulkner, Grant, Lonoke, Perry, Pulaski, and Saline

The FSR MSA consists of the following counties: Benton, Madison, Washington, and McDonald (in Missouri)

Civilian Labor Force Estimates Civilian Labor Force Estimates

Jobs in Service Providing IndustriesOctober: 2005 - 2015

Number of EmployedOctober: 2005 - 2015

Little Rock-North Little Rock-Conway MSA

Fayetteville-Springdale-Rogers MSA

Civilian Labor ForceEmployment UnemploymentUnemployment Rate

340,475324,05016,425

4.8

Oct 15 Sep 15 Oct 14351,050335,72515,325

4.4

352,100337,42514,675

4.2


241,975232,500

9,4753.9

Oct 15 Sep 15 Oct 14248,850240,075

8,7753.5

250,400241,925

8,4753.4

Metropolitan Statistical Areas

275,000

280,000

285,000

290,000

295,000

300,000

305,000

310,000

315,000

320,000

'05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15195,000

200,000

205,000

210,000

215,000

220,000

225,000

230,000

235,000

240,000

245,000

'05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15

Fort Smith MSA



113,10024,0006,000

18,00089,10023,2004,400

12,1006,7001,2003,900

12,90016,6008,7004,400

18,2001,3003,200

13,700

112,90024,1006,100

18,00088,80023,0004,300

12,0006,7001,2003,900

12,90016,7008,6004,500

18,0001,3003,100

13,600

113,40025,1006,900

18,20088,30023,1004,200

12,0006,9001,2003,900

12,30016,3009,1004,200

18,2001,3003,200

13,700

NAICS Oct 15 Sep 15 Oct 14

The FS MSA consists of the following counties: Crawford, and Sebastian, and LeFlore and Sequoyah (in Oklahoma)

Civilian Labor Force Estimates

Nonfarm Payroll EmploymentJanuary 2014 - October 2015

Hot Springs MSA

Total Nonfarm Goods Producing Service Providing Government


NAICS Oct 15 Sep 15 Oct 14

The HS MSA consists of the following county: Garland


Jonesboro MSA

Pine Bluff MSA

37,8004,300

33,5004,700

38,7004,400

34,3004,700

38,3004,300

34,0004,700


Nonfarm Payroll JobsNAICS Oct 15 Sep 15 Oct 14

The Jonesboro MSA consists of the following counties: Craighead and Poinsett


54,4009,100

45,3009,000

56,1009,200

46,9009,000

56,2009,100

47,1009,100


Nonfarm Payroll JobsNAICS Oct 15 Sep 15 Oct 14

The PB MSA consists of the following counties: Cleveland, Jefferson, and Lincoln


34,3006,700

27,6009,700

31,6005,400

26,2009,200

31,9005,500

26,4009,400


119,400112,850

6,5505.5

Oct 15 Sep 15 Oct 14120,950114,550

6,4005.3

121,200114,975

6,2255.1


36,85034,2502,600

7.1

Oct 15 Sep 15 Oct 1434,57532,1502,425

7.0

34,90032,6002,300

6.5


60,35057,4502,900

4.8

Oct 15 Sep 15 Oct 1462,47559,8002,675

4.3

62,80060,2752,525

4.0


39,87537,6002,275

5.7

Oct 15 Sep 15 Oct 1441,22539,0502,175

5.3

40,95038,8252,125

5.2

Metropolitan Statistical Areas

108,000

109,000

110,000

111,000

112,000

113,000

114,000

115,000

116,000

J F M A M J J A S O N D

2014 2015

State of Arkansas

Civilian Labor Force Employment Unemployment Unemployment Rate

U.S. Unemployment Rate

Oct 14 Oct 15 Sep 15

(Seasonally Adjusted)

OTY OTM Oct 14 Oct 15 Sep 1527,00033,600-6,600

-0.6

-0.7

OTYOTM 5,0007,700

-2,700-0.2

-0.1

(Not Seasonally Adjusted)

-1001,200

-1,300-0.1

-0.1

30,60037,600-7,000

-0.7

-0.7

1,337,2001,268,700

68,5005.1

5.0

1,337,3001,267,500

69,8005.2

5.1

1,306,6001,231,100

75,5005.8

5.7

1,336,8001,275,000

61,8004.6

4.8

1,331,8001,267,300

64,5004.8

4.9

1,309,8001,241,400

68,4005.2

5.5

Out-of-State MSAs


Oct 15 Sep 15 Oct 14611,900574,45037,450

6.1

610,475571,50038,975

6.4

602,925559,27543,650

7.2

Memphis, Tennesse-Mississippi-Arkansas MSA



62,97559,9003,075

4.9

63,07559,9753,100

4.9

64,62561,0753,550

5.5

Texarkana, Texas-Arkansas MSA

Unemployment Rates by County

ArkansasAshleyBaxterBentonBooneBradleyCalhounCarrollChicotClarkClayCleburneClevelandColumbiaConwayCraigheadCrawfordCrittendenCrossDallasDeshaDrewFaulknerFranklinFultonGarlandGrantGreeneHempsteadHot SpringHowardIndependenceIzardJacksonJeffersonJohnsonLafayetteLawrence

LeeLincolnLittle RiverLoganLonokeMadisonMarionMillerMississippiMonroeMontgomeryNevadaNewtonOuachitaPerryPhillipsPikePoinsettPolkPopePrairiePulaskiRandolphSt. FrancisSalineScottSearcySebastianSevierSharpStoneUnionVan BurenWashingtonWhiteWoodruffYell

6.56.05.95.14.54.15.45.37.26.36.85.25.26.66.57.76.55.75.85.25.45.06.67.34.44.35.85.05.77.26.36.86.83.76.06.84.7

6.36.35.25.84.13.85.05.18.15.96.64.94.66.15.87.35.85.05.75.04.64.56.37.03.94.75.14.76.16.66.26.26.33.45.85.94.8

6.05.65.35.53.93.54.94.87.76.16.34.64.15.95.66.95.54.85.44.74.54.25.96.63.84.54.94.55.36.35.45.86.23.25.65.94.4

4.06.85.03.54.45.35.03.67.85.45.96.35.16.16.03.94.85.15.16.36.56.04.44.84.75.24.24.74.44.94.06.55.86.46.85.16.85.1

4.06.95.23.64.76.15.73.78.54.96.16.55.66.66.14.15.15.64.97.16.76.34.54.85.25.34.44.94.74.94.26.56.56.87.35.47.65.4

4.47.65.94.05.36.85.44.19.25.66.66.76.06.46.04.75.36.65.88.06.67.14.94.95.15.74.75.35.05.14.46.76.27.77.35.66.75.9

Oct 14 Oct 15 Sep 15 County Oct 14 Sep 15 Oct 15 County8

70312

1339314

754252623359566

24333362675613242138112113288

67506670337033

Rank5647394562

2824745962201052477345244221171152695

17281739624250611

475213

Rank

Rate County Rank

Lowest Rates

12245

WashingtonBentonMadisonCarrollSaline

3.23.53.53.63.8

Rate County Rank

Highest Rates

737475

PhillipsMississippiChicot

6.97.77.8

Between September and Octo-ber, unemployment rates de-creased in sixty-six of Arkansas’ 75 counties. Rates increased in four counties, while five counties were unchanged.

In October, fifty-eight counties posted jobless rates at or below six percent. For the third month in a row, no county had a rate above ten percent.

Compared to October 2014, un-employment rates are down in 70 counties. Four counties reported over-the-year rate increases and one county was the same.

Civilian Labor Force Statistics

The Arkansas Labor Market is prepared monthly in conjunction with the U.S. Department of Labor, Bu-reau of Labor Statistics (BLS). The current month’s estimates are preliminary, while previous data are subject to revision.

Estimates of nonfarm payroll jobs show the num-ber of jobs by industry and reflect employment by place of work. Hours and earnings estimates are based on payroll and worker-hour data col-lected for production workers in manufacturing industries.

Industries are classified according to the North American Industry Classification System (NAICS). All estimates are based on a first quarter 2014 benchmark.

Explanation of Terms and Concepts

Monthly Business Survey of Employers

A monthly sample survey designed to provide industry information on nonfarm payroll jobs. Data are compiled each month from mail surveys and telephone interviews conducted by the Bureau of Labor Statistics in cooperation with Department of Workforce Services. The data are based on establishment records and include all workers, full-or part-time, who received pay during the payroll period which includes the 12th of the

month. Approximately 5,000 Arkansas business establishments are surveyed.

Metropolitan Statistical Area (MSA)

A term applied by the U.S. Office of Management and Budget to counties that have one or more central cities and that meet specified criteria of population density, commuting patterns and social and economic integration.

Current Population Survey (CPS)

A monthly sample survey of the population 16 years of age and over, designed to provide data on the labor force, the employed and the unem-ployed. The survey is conducted each month by the Bureau of the Census for BLS. The information is collected by trained interviewers from a sample of about 60,000 households. The data collected are based on the activity reported for the calendar week including the 12th of the month. Approxi-mately 800 Arkansas households are represented in the sample survey.

Civilian Labor Force

The sum of all employed and unemployed persons 16 years of age or older. Members of the Armed Forces are excluded.

Employment

An estimate of the number of persons who worked any time for pay or profit or worked 15 hours or more as unpaid workers in a family business dur-ing the calendar week which includes the 12th of the month. Also included are those who, although not working, had some job attachment and were not looking for work, and persons involved in labor management disputes.

Unemployment

An estimate of the number of persons who did not have a job, but were available for work and actively seeking work during the calendar week which includes the 12th of the month.

Unemployment Rate

The number of unemployed as a percentage of the civilian labor force. Unemployment rates are calculated from unrounded data.

Seasonal Adjustment

A statistical technique applied to monthly data to eliminate changes that normally occur during the year due to seasonal events such as weather, major holidays, schedule shifts, harvest times, and the opening/closing of schools.

For complete County Labor Force Statistics, please visit our website at www.discover.arkansas.gov

Civilian Labor Force Statistics

Technical Notes

Arkansas Labor MarketOctober 2015

The Arkansas Labor Market is produced by the Department of Workforce Services, Bureau of Labor Statistics. All Statistics are published in cooperation with the United States Department of Labor, Bureau of Labor Statistics.

Auxiliary aids and services are available upon request to individuals with disabilities.

Voice: 1-800-285-1121 TDD: 1-800-285-1131

Asa Hutchinson- Governor Daryl Bassett- DWS Director

Department of Workforce ServicesBureau of Labor StatisticsP.O. Box 2981Little Rock, AR 72203-2981

Arkansas Labor Market · 2016-04-28 · Spotlight A Comparative Look at Unemployment Rates Due to...

Documents

Transcript of Arkansas Labor Market · 2016-04-28 · Spotlight A Comparative Look at Unemployment Rates Due to...