(2Q-2022) Three years into a national economic expansion, Arkansas trails the national average in jobs creation, according to a review of U.S. Bureau of Labor Statistics records. Arkansas led 11 other states during the period.

A national economic expansion began in April 2020, the National Bureau of Economic Research notes. Between April 2020 and April 2022, the national average in jobs creation was 15.9% versus Arkansas’ growth rate of 12.25%.

U.S.                                                 130,513,000    151,314,000    15.9%

Arkansas                                       1,168,100   1,311,200   12.25%

 

Arkansas led 11 other states, many in the Plains region, in the same period.

State Growth Rate
Arkansas 12.25%
Alabama 12.1%
Alaska 11.79%
Virginia 11.77%
Louisiana 11.73%
New Mexico 11.63%
Iowa 10.74%
Nebraska 9.98%
North Dakota 9.97%
Kansas 9.5%
Oklahoma 9.3%
Wyoming 8.3%
–Greg Kaza