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State's unemployment rate stays 7.2 percent in March

By Gavin Lesnick

This article was published April 19, 2013 at 9:49 a.m.

The unemployment rate in Arkansas held steady at 7.2 percent in March even as the civilian labor force declined, the Department of Workforce Services announced Friday.

Officials said the seasonably adjusted rate stayed at 7.2 percent for the second month in a row despite there being 7,600 fewer employed Arkansans this month. Agency spokesman Kimberly Friedman said the reduction was "not enough to impact the unemployment rate."

Nonfarm payroll jobs increased by 10,800 in March with ten major industries — including trade, transportation and utilities, retail trade and professional and business services — posting gains. Jobs in manufacturing declined by 900.

Nonfarm payroll jobs increased by 3,200 since March 2012.

The U.S. unemployment rate dropped from 7.7 percent to 7.6 percent in the same period.


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