Employment Level for Arkansas
EMPLOYAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,352,400.00
Year-over-Year Change
5.26%
Date Range
10/1/2003 - 7/1/2024
Summary
The Employment Level for Arkansas measures the total number of employed persons in the state. This economic indicator is closely watched by policymakers and analysts to assess the overall health of the state's labor market.
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 Employment Level for Arkansas represents the total number of individuals aged 16 and over who are employed in any nonfarm civilian job within the state. This data series is a key metric for evaluating economic conditions and employment trends in Arkansas.
Methodology
The data is collected through a monthly household survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Employment levels are a vital input for state-level economic and fiscal policy decisions.
Key Facts
- Arkansas has a labor force of over 1.3 million people.
- Employment levels in Arkansas have steadily increased since the Great Recession.
- The state's unemployment rate is currently below the national average.
FAQs
Q: What does this economic trend measure?
A: The Employment Level for Arkansas measures the total number of people employed in non-farm civilian jobs within the state.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a key indicator of economic health and can inform policy decisions at the state level.
Q: How is this data collected or calculated?
A: The data is collected through a monthly household survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Employment levels are vital inputs for state-level economic and fiscal policy decisions, such as budgeting, workforce development, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The Employment Level for Arkansas data is published monthly with a short delay, providing timely information on the state's labor market.
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SMU05000000800000011A
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Citation
U.S. Federal Reserve, Employment Level for Arkansas (EMPLOYAR), retrieved from FRED.