Arkansas unemployment rate falls to 7.0 percent
LITTLE ROCK (AP) - The Arkansas unemployment rate for November is 7.0%, down from 7.2% the month before.
The state Workforce Service Department said Friday that the drop is in line with a trend of a gradual reduction in the unemployment rate this year.
In November 2011, the unemployment rate was 7.9%. In January and February, the unemployment rate was 7.6%. November's 7.0% is the lowest the unemployment rate has been in Arkansas this year.
The national unemployment rate for November was 7.7%, down from 7.5% in October. A year ago, the national unemployment rate was 8.7%.
The lower rate in Arkansas is attributable to 8,700 fewer people being in the work force.Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.