Unemployment Rate Continues To Decrease In Arkansas

Unemployment Rate Continues To Decrease In Arkansas

Unemployment Rate Continues To Decrease In Arkansas

This is based on the latest unemployment rate released by the Alabama Department of Labor.

The rate decreased one-tenth of a percentage point from December 2016, which was 3.9 percent.

One private industry showing the most growth was services, which includes fix and maintenance; personal and laundry services; and religious, grantmaking, civic and professional organizations. The current rate of 4.6 percent is just below the national average of 4.7 percent.

The report shows that Arkansas' civilian labor force declined 1,275, a result of 2,098 fewer unemployed and 823 additional employed Arkansans.

The annual growth rate of Colorado nonfarm payroll jobs was 2.3 percent in 2016, revised down from the previously published 2.6 percent. New Hampshire has the lowest unemployment rate in the nation at 2.7 percent, while Hawaii's is at 2.8 percent.

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Labor Commissioner Fitzgerald Washington says nearly 10,000 people entered the labor force last month but only 6,500 of them found work.

While this time of year typically sees the lowest unemployment because of the area's seasonal economy, Wall said he wouldn't be shocked to see the rate rise again when the state releases February jobs data March 24. The largest job gain was in the education and healthcare sector. Of those seeking employment, 1,585 were unemployed, 144 more than the previous month.

The U.S. unemployment rate is 4.8 percent for January 2017. Christie pointed to the employment figures as validation of his conservative policies of denying tax increases while offering generous business tax breaks.

It's the first full employment report from the Labor Department under the Trump Administration. Growth in nondurable goods offset the losses in durable goods, due in part to reported hiring in food manufacturing. Still, overall employment rose by about 6,400 to 2.05 million.

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