AEDI provides research and strategies to state, community, and industry leaders to promote economic growth and enhance the quality of life in Arkansas.
How has your business or community adapted to survive and meet the needs of people during the pandemic? Share your creative solutions with other communities and businesses across Arkansas on the COVID-19 Recovery & Resiliency Initiative website.
https://t.co/ecdIUxJe9a
State jobless rate decreases to 4%,the point for which economist consider to be full employment describing an economy with a gross domestic product at its peak potential and virtually all who are able and willing to work have jobs. https://t.co/OOfu487Xde
Join us for the next two COVID-19 Recovery and Resiliency webinars on the 28th (Navigating State and Federal Resources) and on the 30th (Impacts on Rural Health)!
Register here https://t.co/gfWOoi3Mlk
State sees its jobless rate slide once again from 4.3% to 4.2% in August. The state's labor force, which has been decreasing and creating hiring challenges for employers, rose in August by 1,651 employees with 1,761 fewer unemployed Arkansans. https://t.co/RebEUwBIhD
Now is not the best time to buy a car with the country facing a vehicle shortage due to the pandemic.
Dr. Michael Pakko said if you're in the market for something very specific, then you may want to wait.
https://t.co/E0fWt9gBv6
After being stuck at 4.4% for the past four months, Arkansas’ unemployment rate dipped to 4.3% in July.
Despite this decline, Arkansas’ civilian workforce still decreased by 2,542 workers.
https://t.co/T0uCKp3YbG
The Census Bureau released the Census 2020 redistricting data today on its FTP site. The same data will be released in a more user friendly format at https://t.co/XonfFz2dNi by September 30th.
To view the data for your county or community visit https://t.co/3nmZyI9ilT
Unemployment in Arkansas held steady at 4.4% in June for the third consecutive month as the state registered some improvement in the labor pool. #Unemployment
https://t.co/JXHlCVNTyT
If you live in Central Arkansas, we hope you'll join us later this month for a day's worth of workshops to help your community and local businesses be more resilient, no matter what comes their way.
"No, there's really not a shortage," Said Michael Pakko, chief economist of Arkansas Economic Development Institute. "It's just that demand is growing faster than supplies, stockpiles are being drawn down."
https://t.co/qzkxp7uJS3
"We're still making progress toward full employment, it's just much slower than it was a few months back," said Michael Pakko, state economist with the Arkansas Economic Development Institute.
https://t.co/xU4Y10rL3a
"Celebrations and events and activities that happen develop over time," said Pakko. "So it's really hard to pin down any direct affect of what having that holiday means for the economy."
https://t.co/zesrvsglLi
Arkansas could be in for a more expensive summer. According to state Chief Economist Michael Pakko, the latest consumer price index report from April showed prices up over 4% from a year ago.
https://t.co/2OPZZTCUYL
In yesterday's interview on KARK, Dr. Michael Pakko discusses why the trend of 40-year mortgages is short sighted.
https://t.co/E3qpFHHMSK #economicdevelopment#realestate
Arkansas is one of many states to opt out of federal unemployment assistance. Chief Economist, Dr. Michael Pakko, offers his perspective of the assistance and the worker shortage. Check it out at the link below.
https://t.co/QZDSgn3VNj
"No one has seemed very interested in thinking about the longer-term consequences of recent policies and economic conditions. The concern has been all about getting through the pandemic," says Dr. Michael Pakko. https://t.co/KJYhiAZymY
Arkansas' population is expected to drop as birth rates decline, but this isn't necessarily a bad thing, according to Chief Economist Dr. Michael Pakko.
https://t.co/j9lFntRCWw
The COVID-19 Dashboard has been updated with the most recent data from the Census Bureau’s Household Pulse and Small Business Pulse Surveys. Check out topics like loss of household income, difficulties small businesses face, and more at https://t.co/q2muw9ILZ2