Hot Springs, Arkansas Unemployment
The BLS reported that the unemployment rate for Hot Springs rose 0.1 percentage points in November 2023 to 3.5%. For the same month, the metro unemployment rate was 0.2 percentage points higher than the Arkansas rate. The unemployment rate in Hot Springs peaked in April 2020 at 15.5% and is now 12.0 percentage points lower. From a post peak low of 3.1% in June 2023, the unemployment rate has now grown by 0.4 percentage points. You can also compare Hot Springs unemployment with unemployment in other cities.
| Unemployment Rate | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.7% | -0.1 | +0.1 |
| Arkansas | 3.3% | +0.2 | -0.2 |
| Hot Springs | 3.5% | +0.1 | -0.4 |
Unemployment Rate: Hot Springs, Arkansas, National
Note: Recessions shown in gray.
Hot Springs, Arkansas Unemployed
The number of people unemployed in Hot Springs peaked in April 2020 at 6,239. There are now 4,756 fewer people unemployed in the metropolitan area. From a recent trough of 1,303 in July 2023, the number of unemployed has now grown by 180. Hot Springs employment and jobs data (including jobs lost/gained in Hot Springs, Arkansas) is also available.
| Unemployed Persons | November 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Hot Springs | 1,483 | +54 | -161 |
Number of Unemployed Persons
Hot Springs, Arkansas Unemployment History
| Date | National Unemployment Rate |
Arkansas Unemployment Rate |
Hot Springs Unemployment Rate |
Hot Springs Unemployed |
|---|---|---|---|---|
| December 2023 |
3.7% | — | — | — |
| November 2023 |
3.7% | 3.3% | 3.5% | 1,483 |
| October 2023 |
3.8% | 3.1% | 3.4% | 1,429 |
| September 2023 |
3.8% | 2.9% | 3.3% | 1,389 |
| August 2023 |
3.8% | 2.7% | 3.2% | 1,331 |
| July 2023 |
3.5% | 2.6% | 3.1% | 1,303 |
| June 2023 |
3.6% | 2.6% | 3.1% | 1,319 |
| May 2023 |
3.7% | 2.7% | 3.2% | 1,353 |
| April 2023 |
3.4% | 2.8% | 3.3% | 1,395 |
| March 2023 |
3.5% | 3.0% | 3.4% | 1,432 |
| February 2023 |
3.6% | 3.2% | 3.5% | 1,502 |
| January 2023 |
3.4% | 3.4% | 3.8% | 1,603 |
1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers. ↩
Department of Numbers
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