Logan County’s unemployment rate remained at historically low levels in May, according to the latest report from the Arkansas Department of Workforce Services released last week.
The jobless rate for May in Logan County was 3.4 percent, up four-tenths of a percent from the record low of 3 percent in April. The May 2017 jobless rate was more than a percentage point lower than the 4.8 percent unemployment rate for May 2016. May is the latest month for which county statistics are available.
According to the report, 8,943 people in Logan County had jobs in May while 318 people were unemployed.
The state’s jobless rate in May also came in under 4 percent.
Labor force data, produced by the U.S. Department of Labor, Bureau of Labor Statistics show Arkansas’ seasonally adjusted unemployment rate decreased one-tenth of a percentage point, from 3.5 percent in April to 3.4 percent in May.
Arkansas’ civilian labor force increased 7,539, a result of 8,604 more employed and 1,065 fewer unemployed Arkansans.
Bureau of Labor Statistics Program Operations Manager Susan Price said, “Arkansas’ unemployment rate continued to decline in May, setting another record low at 3.4 percent. Employment rose to 1,309,035, the highest number of employed Arkansans since August 2008.”
Nonfarm payroll jobs in Arkansas increased 3,700 in May to total 1,255,900.
Five major industry sectors added jobs, more than offsetting minor declines in five sectors. Employment in professional and business services rose 2,200. All gains were in administrative and support services (+3,900), attributed in large part to expansions in employment agencies and seasonal activities such as landscaping services. Leisure and hospitality added 1,700 jobs, with seasonal hiring in both arts-entertainment-recreation (+1,200) and accommodation-food services (+500). Jobs in government declined 1,000. Losses in state government (-1,700) were related to the start of summer break at some public colleges and universities.
Compared to May 2016, Arkansas’ nonfarm payroll employment rose 22,800.
Eight major industry sectors reported growth, with four adding 2,200 or more jobs, each. Professional and business services increased 9,000. A majority of the expansion occurred in administrative and support services (+8,200). Educational and health services added 6,200 jobs, mostly in health care and social assistance (+4,700). Jobs in manufacturing rose 3,400. All gains were posted in nondurable goods (+4,100), attributed in part to reported growth in food manufacturing. Other services increased 2,200. The sector includes activities such as repair-maintenance and membership organizations. Government declined 1,400. Losses were posted in both local (-1,000) and state (-500) government.