(The Center Square) - Arkansas saw its eighth straight month of employment gains in May, as its unemployment rate dropped slightly.
The Arkansas Division of Workforce Services reported the state’s seasonally adjusted unemployment rate dropped from 2.8% in April to 2.7% in May. That’s the lowest Arkansas’ unemployment rate has ever been, according to Zoe Calkins, the communications director for DWS.
There are an estimated 1,380,752 people in the state’s labor force, with 1,343,657 currently employed individuals. Nonfarm payroll jobs in Arkansas increased to a new record high last month. The leisure and hospitality sector saw the most significant growth, adding 3,100 jobs. Construction grew by over 1,300 jobs, private education and health services also increased by over 1,300, and the manufacturing sector saw over 1,200 jobs added. More than 1,100 jobs were also added under other services, DWS reported.
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