Unemployment Rate in Arkansas
ARUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
8.82%
Date Range
1/1/1976 - 6/1/2025
Summary
The Unemployment Rate in Arkansas measures the percentage of the state's labor force that is jobless. It's a key indicator of the state's overall economic health and performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Unemployment Rate in Arkansas represents the proportion of the civilian labor force in the state that is without a job but actively seeking employment. It's a widely tracked metric used by economists, policymakers, and businesses to assess Arkansas' labor market conditions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The unemployment rate is a crucial input for state and federal economic policy decisions.
Key Facts
- Arkansas' unemployment rate averaged 3.6% in 2022.
- The state's unemployment rate peaked at 10.2% in April 2020 during the COVID-19 pandemic.
- Arkansas' unemployment rate has historically been lower than the national average.
FAQs
Q: What does the Unemployment Rate in Arkansas measure?
A: The Unemployment Rate in Arkansas measures the percentage of the state's civilian labor force that is jobless but actively seeking employment.
Q: Why is the Arkansas unemployment rate relevant for users or analysts?
A: The unemployment rate is a key indicator of the overall health of Arkansas' labor market and economy. It helps policymakers, businesses, and consumers assess economic conditions in the state.
Q: How is the Arkansas unemployment rate data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is the Arkansas unemployment rate used in economic policy?
A: The unemployment rate is a crucial input for state and federal policymakers when making decisions about economic, labor, and workforce development policies in Arkansas.
Q: Are there any update delays or limitations with the Arkansas unemployment rate data?
A: The Arkansas unemployment rate data is published monthly with a short delay, typically 1-2 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Unemployment Rate in Arkansas (ARUR), retrieved from FRED.