Nonfarm Payroll Job Summar y December 2015 - Januar y 2016 Nonfarm payroll jobs in Arkansas dropped 24,500 in January to total 1,208,200. Ten major industry sectors posted employment declines. Trade, transportation, and utilities decreased 8,100. Losses throughout all three subsectors were largely attributed to the end of the holiday shopping season. Government employment fell 6,200, mostly related to the winter break at public schools and uni- versities. Jobs in construction dropped 2,700, due to both seasonal declines and the completion of large-scale projects. Professional and business services decreased 2,100. The largest loss occurred in administrative and support services (-2,000), which includes employment agencies. Januar y 2015 - Januar y 2016 Since January 2015, Arkansas’ nonfarm payroll employment rose 26,800. Growth was reported in nine major industry sectors, while two sectors declined slightly. Trade, transportation, and utilities posted the largest increase (+8,500). A majority of the expansion occurred in retail trade (+5,900). Employment in professional and business services rose 6,700, with gains reported in all three subsectors. Leisure and hospitality added 6,500 jobs, mostly in food services (+5,800). Employment in educational and health services increased 4,900. Most of the growth occurred in health care and social assistance (+4,400). Mining and logging posted the largest loss (-1,700), due to current economic conditions. Nonfarm Payroll Jobs (Not Seasonally Adjusted) January: 2006 - 2016 1,220,000 1,200,000 1,180,000 1,160,000 1,140,000 1,120,000 1,100,000 1,080,000
Nonfarm Payroll Job Summar y December 2015 - Januar y 2016 Nonfarm payroll jobs in Arkansas dropped 24,500 in January to total 1,208,200. Ten major industry sectors posted employment declines. Trade, transportation, and utilities decreased 8,100. Losses throughout all three subsectors were largely attributed to the end of the holiday shopping season. Government employment fell 6,200, mostly related to the winter break at public schools and uni- versities. Jobs in construction dropped 2,700, due to both seasonal declines and the completion of large-scale projects. Professional and business services decreased 2,100. The largest loss occurred in administrative and support services (-2,000), which includes employment agencies. Januar y 2015 - Januar y 2016 Since January 2015, Arkansas’ nonfarm payroll employment rose 26,800. Growth was reported in nine major industry sectors, while two sectors declined slightly. Trade, transportation, and utilities posted the largest increase (+8,500). A majority of the expansion occurred in retail trade (+5,900). Employment in professional and business services rose 6,700, with gains reported in all three subsectors. Leisure and hospitality added 6,500 jobs, mostly in food services (+5,800). Employment in educational and health services increased 4,900. Most of the growth occurred in health care and social assistance (+4,400). Mining and logging posted the largest loss (-1,700), due to current economic conditions. 1,220,000 Nonfarm Payroll Jobs (Not Seasonally Adjusted) January: 2006 - 2016 1,200,000 1,180,000 1,160,000 1,140,000 1,120,000 1,100,000 1,080,000
January_2016_LM_Report.docx