Logan County’s jobless rate rose in July, the latest month for which county statistics are available. According to the Arkansas Department of Workforce Services, the county’s jobless rate in July was 4.3 percent, up four-tenths of a percentage point from the 3.9 percent rate in June.
The July jobless rate was the second highest rate recorded so far this year. The highest was 4.4 percent in February. It is also the first jobless rate above 4 percent since February. The July rate is about one full percentage point lower than the 5.4 percent rate recorded in July of 2016.
According to DWS, there were 8,859 people in the county employed in July and 400 without jobs.
Meanwhile, Arkansas’ seasonally adjusted unemployment rate remained unchanged at 3.4 percent between June and July. Arkansas’ civilian labor force added 9,168, a result of 9,058 additional employed and 110 more unemployed Arkansans.
BLS Program Operations Manager Susan Price said, “Arkansas’ unemployment rate has been stable since May, leveling out at 3.4 percent. The rate is down six-tenths of a percentage point compared to July 2016, with an additional 39,229 more employed in the state.”
Nonfarm payroll jobs in Arkansas declined 11,200 in July to total 1,244,500. Employment dropped in six major industry sectors, while minor gains were posted in four sectors. The greatest loss occurred in government. Employment fell in both local and state government, due to the summer break at public schools and universities. Leisure and hospitality decreased 1,000. Jobs in arts, entertainment, and recreation declined 900, due in part to reported losses in performing arts and spectator sports. The largest increase was posted in trade, transportation, and utilities. Gains occurred in both wholesale and retail trade. Jobs in construction rose 1,100.
Compared to July 2016, Arkansas’ nonfarm payroll employment is up 32,900. Eight major industry sectors posted growth, with five adding 3,700 or more jobs, each.
Employment in three sectors declined. Educational and health services increased 8,200. Gains occurred in health care and social assistance and in educational services. Jobs in leisure and hospitality rose 7,100, mostly in accommodation and food services. Professional and business services added 6,700 jobs. Growth was posted in administrative and support services, a subsector which includes employment agencies.