Arkansas unemployment rate up to 7.4 percent

Arkansas unemployment rate rises one-tenth of percentage point to 7.4 percent for July

Associated Press

LITTLE ROCK, Ark. (AP) -- Arkansas' unemployment rate for July was up one-tenth of a percentage point to 7.4 percent.

The Arkansas Department of Workforce Services said Monday that the rate was the same in July 2012, though there are 1,700 fewer unemployed state residents than a year ago.

The national unemployment rate fell by two-tenths of a percentage point to 7.4 percent for July.

The agency says government employment fell by 13,900 jobs and was one of six major industry sectors that showed declines in the number of people working. Four sectors showed gains.

The drop in government employment was due to public schools and universities being on summer break.

The department says jobs in professional and business services grew by 2,000 in July.

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