LITTLE ROCK, Ark. – Arkansas officials reported that the seasonally adjusted unemployment rate held steady at 3.7% in July.
The civilian labor force in Arkansas rose by 903 in July, as both employment and unemployment increased slightly, officials said.
Inflation or jobs: Federal Reserve officials are divided over competing concerns
According to a spokesperson, nonfarm payroll jobs declined by 8,700 in July, mainly due to summer break at schools. Government jobs dropped 10,900, including local government educational services (-9,600) and state government educational services (-1,500).
Six major industry sectors posted gains in July, including Leisure and Hospitality (+900), Construction (+800), and Financial Activities (+400)…