The unemployment rate in Logan County dropped to 3.4 percent in October, according to the Arkansas Department of Workforce Services. That’s two-tenths of a percentage point lower than the 3.6 percent rate reported in September and the second lowest rate for the year.
Meanwhile, the jobless rate in the state rose from 3.5 percent in September to 3.6 percent in October.
According to DWFS, there were 8,756 people in Logan County who had jobes in October, compared to 304 people who were unemployed. In October, 2016, the jobelss rate in Logan County was 3.9 percent. The lowest unemployment rate recorded in Logan County this year was 3 percent in April.
Labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics and released by the Arkansas Department of Workforce Services, show Arkansas’ seasonally adjusted unemployment rate rose from 3.5 percent in September to 3.6 percent in October. Arkansas’ civilian labor force declined 1,191, a result of 1,870 fewer employed and 679 more unemployed Arkansans.
The United States’ jobless rate declined to 4.1 percent in October, down from 4.2 percent in September.
BLS Program Operations Manager Susan Price said, “Arkansas’ unemployment rate rose one-tenth of a percentage point in October, as employment declined slightly over the month. Even with this decrease, there are still 42,501 more employed in Arkansas compared to October 2016.”
Arkansas’ nonfarm payroll jobs increased 8,000 in October to total 1,266,800. Eight major industry sectors posted gains.
Government added 2,100 jobs. A majority of the hiring occurred at public education facilities, with expansions in both local (up 1,100) and state (up 1,000) government. Employment in professional and business services increased 1,700. Gains were posted in all three subsectors.
Compared to October 2016, nonfarm payroll employment is up 23,500. Growth occurred in seven major industry sectors, with four adding 4,200 or more jobs each. Manufacturing increased 5,700, mostly in nondurable goods manufacturing (up 5,300). Employment in trade, transportation, and utilities rose 4,400. Hiring was reported across all three subsectors, with the greatest expansion in wholesale trade (up 2,500). Professional and businesses services added 4,400 jobs. The largest gains were posted in administrative and support services (up 4,400). Employment in educational and health services increased 4,200. Additions occurred in both educational services (up 2,500) and health care and social assistance (up 1,700). Growth was also reported in other services (up 2,300), construction (up 2,000), and leisure and hospitality (up 2,000).