The unemployment rate in Logan County increased from April to May, according to the latest data released by the Arkansas Department of Workforce Services. The May jobless rate in the county was 3.8 percent, up three-tenths of a percentage point from the 3.5 percent recorded in April.
Labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics and released last week by the Arkansas Department of Workforce Services, show Arkansas’ seasonally adjusted unemployment rate remained unchanged at 3.8 percent in May.
In May, 8,530 people had a job in Logan County while 339 were jobless. The April rate of 3.5 percent was the lowest recorded so far this year and the May rate of 3.8 percent was the second lowest so far recorded this year. May’s rate was similar to the 3.7 percent recorded in May. 2017.
Arkansas’ civilian labor force decreased 1,616, a result of 1,197 fewer employed and 419 less unemployed Arkansans. The United States’ jobless rate declined one-tenth of a percentage point, from 3.9 percent in April to 3.8 percent in May.
BLS Program Operations Manager Susan Price said, “For the fourth month in row, Arkansas’ unemployment rate remained at 3.8 percent. Fluctuations in the number of employed and unemployed were not significant enough to effect the rate.”
Nonfarm payroll jobs in Arkansas increased 3,700 in May to total 1,253,600. Employment rose in eight major industry sectors, while two sectors declined and one was stable. Manufacturing added 1,200 jobs, mostly in nondurable goods manufacturing (up1,000). Jobs in educational and health services increased 1,000. All gains were posted in health care and social assistance (up 1,000). Seasonal expansions occurred in trade-transportation-utilities (up 900), leisure and hospitality (up 900), and construction (up 700).
Compared to May 2017, Arkansas’ nonfarm payroll employment is up 6,500. Growth was posted in six major industry sectors, while five sectors reported minor losses. The largest increase was in manufacturing, up 4,100. Hiring occurred in both nondurable goods (up 2,600) and durable goods (up 1,500) manufacturing. Professional and business services added 2,800 jobs. Gains in administrative and support services (up 3,900) more than offset small declines in management of companies (down 800) and professional-scientific-technical services (up 300). Jobs in trade, transportation, and utilities rose 1,100. Expansions were reported in both retail trade (up 600) and transportation-warehousing-utilities (up 600).