We discuss the latest topics and trends in economic development with subject matter experts and influencers from across the nation and around the world.
The Arkansas Inc. Podcast is available on Spotify, Apple Podcast, Google Podcasts, Soundcloud, Stitcher, Overcast, Podbean, Radio Public, and other podcast platforms. If you would like to listen on a mobile device, download the app for your preferred listening platform. Search for "Arkansas Inc" or click one of the links above from your device. From there, you will find our podcast page and be able to access episodes.
Don't forget to subscribe to be notified when we publish a new episode.
The Arkansas economy continues to grow thanks to the state’s low costs of living, business advantages, and quality of life. 2024 saw businesses expand across the state in communities of all sizes. As a result, the Arkansas workforce is stronger than ever, with employment hitting record highs for 10 consecutive months! December 2024 closed with nearly 1.37 Arkansans in the workforce, more than anytime in state history.
The Arkansas economy continues to grow thanks to the state’s low costs of living, business advantages, and quality of life. 2024 saw businesses expand across the state in communities of all sizes. As a result, the Arkansas workforce is stronger than ever, with employment hitting record highs for 10 consecutive months! December 2024 closed with nearly 1.37 Arkansans in the workforce, more than anytime in state history.
What’s fueling this momentum? The state’s civilian labor force also hit record highs for 10 consecutive months, ending the year at more than 1.4 million. The labor force participation rate held steady at 58.2% in December, with younger adults (ages 20-54) leading the charge. As expected, participation starts to decline after age 55, especially among women, as many transition into retirement.
Even better? Arkansas’ unemployment rate remains lower than the national average, signaling that job opportunities are abundant for those ready to work.
According to the Bureau of Labor Statistics, the largest job gains over the past year have been in:
With a strong job market and continued business expansion across the state, Arkansas is well-positioned for even greater economic success in 2025.
