Published: Sat, September 16, 2017
Global News | By Stacy Ballard

Arkansas Unemployment Rate Rises to 3.5 Percent

Arkansas Unemployment Rate Rises to 3.5 Percent

Reaching 4.4 percent, the United States' jobless rate rose one-tenth of a percentage point between July and August.

The Vermont Department of Labor says the state's unemployment rate dropped one-tenth of 1 percent last month and the state's employers are now struggling to find talent. The state's portfolio of private-sector jobs has fallen by 6,300 since August 2016.

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Maryland labor officials say Maryland outpaced nationwide employment growth by a factor of five in August. While the national rate barely budged from July, the last time Maryland's unemployment was this low was in May 2008, before the recession.

There were 1,028,920 jobs statewide, according to the Labor Department, more than 15,000 more than a year ago. Government added 2,800 jobs.

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Annually, unemployment insurance benefit payments were down almost 16 percent - from $1.3 million a year ago to $1.1 million for August 2017. Employment is down in four industry sectors. Most of the expansion occurred in administrative and support services (+5,200), a subsector which includes employment agencies. Trade, transportation and utilities added 1,700, and construction added 1,600.

On an annual basis, farms added 100 jobs while nonfarm industries added 3,800 jobs, led by educational & health services with 1,300 jobs. The largest increase over the past 12 months was in leisure and hospitality (up 25,000), while the largest decline was in government (down 9,600).

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