Arkansas Labor Market

Arkansas, like most states within the United States, draws a large portion of its work from the service industry jobs but many jobs are disappearing in Arkansas. In February 2011 the unemployment rate was 7.8%, which is just below that of the entire US, that was 8.9% unemployed.

In 2009, with the population in Arkansas expanding to more than 100,000 new inhabitants over a five year period, it is now ranked 32nd of the states in population. The northwest area of Arkansas has experienced the most growth within the states mainly because of its many new developments within the region. With the state’s unemployment rate increasing each year, the southeast area has not only decreased the most in population but as well within its unemployment rate of 10%.

By means of Arkansas being a rural state, almost 40% of the state is covered in farmland and much of the products being produced here are rice, soybeans, wheat, and cotton. Arkansas is the number one producer of rice in the US and the second largest producer of broilers in the US.

Sources:

http://www.discoverarkansas.net/admin/uploadedPublications/1924_LM_Feb_11.pdf

http://www.netstate.com/economy/ar_economy.htm

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2 thoughts on “Arkansas Labor Market

  1. I find it interesting to read that Arkansas is the largest rice producer within the States. I expected that China would be the largest exporting country of rice to the US. Also the fact that the number of inhabitants grew during the past five year by 100,000 is in interesting point. For me this shows that Arkansas is changing from a mostly rural country to a technological country.

    Reply
    • Yes Jutta11, Arkansas is the number one producer of rice in the United States. The number one producer of rice in the world is India and then China, but within the US is Arkansas 🙂

      Thanks for your comment!
      Brittany Stokes

      Reply

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