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4.2%
Hot Springs MSA unemployment
vs 3.9% Arkansas, 4.1% U.S.; highest among AR metros
$946
Garland County avg. weekly wage
vs $1,291 Arkansas Q1 2026 average
3.0% vs 3.4% inflation
National real wage growth
Lowest annual wage gain since May 2021
59.1%
Arkansas labor force participation
Up YoY but down 0.1pt in August, possible plateau
This Month's Takeaways
The 4.2% September rate sits above both the 3.9% state figure and the 4.1% national rate, a gap that has held since at least March. Persistent, not sudden, divergence points to structural metro characteristics -- likely a hospitality- and retail-heavy employment base -- rather than a one-month anomaly.
Garland County's $946 average weekly wage is roughly 27% below the statewide $1,291 figure, a gap that has not meaningfully closed even as local payrolls add jobs. That divergence is consistent with a local economy generating employment volume faster than it generates wage growth, a pattern distinct from faster-wage counties like Benton.
National average hourly earnings growth slowed to 3.0% annually against 3.4% inflation, meaning real wages are no longer rising nationally for the first time in roughly two years. A metro already carrying below-state wages has less cushion if that national dynamic persists into local pay trends.
Advertised pay for construction laborer and CDL truck driver roles rose moderately in the metro even as several white-collar categories -- software engineer, account manager, administrative assistant -- declined significantly. That split mirrors the national pattern of healthcare, construction, and manufacturing outpacing office-based occupations, suggesting the metro's goods- and trades-adjacent sectors are the current source of local economic momentum.
Local Economic Conditions
Hot Springs MSA unemployment held at 4.2% in September, keeping the metro above both the Arkansas rate of 3.9% and the national rate of 4.1%, and the highest among Arkansas metros for much of 2026. Garland County's average weekly wage of $946 trails the state's $1,291 first-quarter figure by a wide margin, suggesting the metro's growth in education, health services, and hospitality employment has not translated into the wage momentum seen in faster-growing Arkansas counties like Benton.
Open Threads in the Data
Persistent unemployment above state and national lines signals a labor market with more available workers than many peer metros, a condition that typically favors employers seeking to staff new or expanding operations but raises questions about consumer spending capacity locally given the Garland County wage lag. Commerce leaders weighing expansion or relocation incentives should treat the metro's labor availability as a genuine asset, while government economists may want to examine whether the wage gap reflects occupational mix (tourism and hospitality-heavy) rather than weaker demand. Consider evaluating whether local workforce development investment is better aimed at wage progression in existing growth sectors than at pure labor force expansion.
Advertised Pay Indicators · WageScape Benchmark 25 Jobs
Job postings data for the Hot Springs, AR MSA metro — median advertised pay, its recent trend, and the number of active postings behind each figure. Jobs are grouped for readability and are not the same as the 10 sector classifications on the next page. For additional job detail contact WageScape.
| Median Pay | Pay Trend | Postings |
|---|
Retail Trade
| Retail Sales Associate | $27,578 | ↓ Moderate decline | 238 |
| Retail Cashier | $26,000 | ↓ Moderate decline | 145 |
Transportation & Warehousing
| Warehouse/Fulfillment Associate | $34,195 | → Stable | 42 |
| CDL Truck Driver | $82,923 | ↑ Moderate increase | 312 |
| Delivery Driver | $31,356 | ↓ Moderate decline | 284 |
| Warehouse Manager | — | Limited local postings | — |
Construction
| Construction Laborer | $33,887 | ↑ Significant increase | 12 |
Construction/Skilled Trades
| Electrician | $67,109 | ↑ Moderate increase | 66 |
| HVAC Technician | $59,729 | ↓ Moderate decline | 443 |
Manufacturing
| Manufacturing Production Worker/Assembler | $36,067 | ↑ Moderate increase | 37 |
Cross-Sector
| Customer Service Representative | $35,549 | → Stable | 43 |
| Operations Manager | — | Limited local postings | — |
Leisure & Hospitality
| Food Service Worker | $26,980 | → Stable | 12 |
Healthcare
| Certified Nursing Assistant / Home Health Aide | $33,280 | ↓ Moderate decline | 255 |
| Registered Nurse | $97,080 | ↑ Significant increase | 567 |
Admin/Office Support
| Administrative Assistant/Office Clerk | $34,768 | ↓ Significant decline | 50 |
Information/Technology
| Software Engineer | $110,857 | ↓ Significant decline | 14 |
| Data Engineer | — | Limited local postings | — |
Professional & Business Services
| Accountant | $61,200 | ↑ Significant increase | 14 |
| HR Generalist/Manager | $70,653 | ↑ Significant increase | 309 |
| Marketing Specialist | $60,000 | ↑ Significant increase | 181 |
| Business Analyst | $91,374 | → Stable | 740 |
Finance & Insurance
| Financial Analyst | $88,958 | → Stable | 500 |
Government/Education
| Elementary/Secondary School Teacher | $54,791 | → Stable | 189 |
Cross-Sector Sales
| Account Manager | $44,000 | ↓ Significant decline | 10 |
Industry Snapshot · Hot Springs, AR MSA
Advertised pay and job-posting trends across the whole metro economy, rolled up by employer industry — not just the bellwether roles above.
| Sector | Median Pay Change | Job Postings Change |
|---|---|---|
| Construction | ↓ −3.9% | ↑ +40.4% |
| Manufacturing | ↑ +41.2% | ↑ +180.0% |
| Retail Trade | ↑ +11.7% | ↑ +37.2% |
| Transportation, Warehousing & Utilities | ↓ −36.6% | ↑ +5.2% |
| Information | ↑ +69.1% | ↓ −17.1% |
| Financial Activities | ↑ +6.4% | ↑ +47.6% |
| Professional & Business Services | ↑ +12.2% | ↑ +8.1% |
| Education & Health Services | ↑ +3.6% | ↑ +151.0% |
| Leisure & Hospitality | ↓ −14.7% | ↑ +55.0% |
| Government | ↑ +102.2% | ↑ +133.3% |
Looking Ahead · Next 30–60 Days
Worth watching
Hot Springs' unemployment rate has led all Arkansas metros for most of 2026; watch whether the October release shows any convergence toward the state's 3.9% or further widening, which would sharpen questions about the metro's relative competitiveness for new investment.
Emerging pressure point
National real wages turning flat-to-negative against 3.4% inflation is a trend worth tracking locally, since Garland County's wages already run well below the state average and have less room to absorb a purchasing-power squeeze.
Early indicator
Arkansas labor force participation ticked down 0.1 point in August after two years of gains, a potential ceiling signal; local participation trends in the next release will show whether Hot Springs is tracking that plateau or still has room to draw workers in.
Potential inflection point
National government payrolls have shed workers for a full year (down 216,000), while Arkansas state data shows government as the largest August job gainer; divergence between national public-sector contraction and state/local public-sector stability is a signal worth monitoring for commerce leaders assessing public-sector purchasing power in the metro.
Sources & Methodology
Pay and hiring data provided by WageScape. See every source cited in this report, with links →
Advertised pay reflects the pay ranges employers publish in active job postings in this metro, not survey or payroll data. Pay trends compare the current period with the prior period for the same metro and role. Sector figures group postings by the employer's industry classification; sectors with limited classified postings are marked as such rather than estimated. This briefing is independent of, and complements, official statistics from the BLS and state labor market information offices.
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