Targeted Employment Area: Phillips County, Arkansas

Created on 10/18/2017 9:29:24 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Phillips County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Phillips County Arkansas and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Phillips County, Arkansas to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Phillips County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Phillips County may not be granted a designation letter -- or depending on project type, target areas, and Arkansas requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Phillips County Arkansas Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 05107 15,397 8,462 6,932 1,530 18.1% Yes
BLS 05107 n/a 6,715 6,316 399 5.9% No

Supporting EB-5 Regional Centers

Sorry, we do not have any record of an EB-5 Regional Centers supporting this area; however, please contact us and we'll get you the assistance you need.

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