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Picture of a Fireman The array of different occupations within a county significantly impacts its economy in various ways. Here are some key aspects:

  1. Economic Diversification
    • Stability: A diverse range of occupations helps stabilize the economy. If one sector faces a downturn, others can compensate, reducing the risk of economic collapse.
    • Resilience: Counties with a varied occupational base are better equipped to handle economic shocks, such as technological changes or global market fluctuations.

  2. Innovation and Growth
    • Cross-Pollination of Ideas: Different professions bring diverse perspectives, fostering innovation. For example, tech professionals collaborating with healthcare workers can lead to advancements in medical technology.
    • Entrepreneurship: A mix of skills and expertise can encourage entrepreneurial activities, leading to the creation of new businesses and industries.

  3. Employment Opportunities
    • Job Creation: A variety of occupations means more job opportunities for residents, reducing unemployment rates and increasing overall economic activity.
    • Skill Development: Diverse occupations require a range of skills, promoting continuous learning and skill development among the workforce.

  4. Income Levels and Spending
    • Varied Income Streams: Different occupations come with varying income levels, which can lead to a more balanced distribution of wealth.
    • Consumer Spending: Higher and more stable incomes result in increased consumer spending, boosting local businesses and services.

  5. Tax Revenue
    • Diverse Tax Base: A wide range of occupations contributes to a more robust and stable tax base, providing the county with funds for public services and infrastructure.
    • Economic Policies: Varied occupational income levels allow for more nuanced and effective economic policies, such as progressive taxation.

  6. Quality of Life
    • Service Availability: A diverse occupational base ensures the availability of essential services, from healthcare to education, enhancing the overall quality of life.
    • Cultural Vibrancy: Different professions contribute to a rich cultural tapestry, making the county more attractive to residents and tourists alike.

  7. Infrastructure Development
    • Demand for Infrastructure: Various occupations necessitate different types of infrastructure, from tech hubs to industrial zones, driving comprehensive urban development.
    • Public Services: A diverse economy can better support public services like transportation, utilities, and emergency services, improving the county's overall functionality.

  8. Global Competitiveness
    • Attracting Talent: Counties with a wide array of occupations attract a diverse talent pool, enhancing their competitiveness on a global scale.
    • Investment Appeal: A diversified economy is more appealing to investors, as it suggests lower risk and higher potential for returns.

  9. Social Dynamics
    • Community Engagement: Different professions can lead to a more engaged and active community, with various groups contributing to civic life.
    • Social Mobility: A range of occupations provides more pathways for social mobility, allowing individuals to improve their socioeconomic status.

  10. Environmental Impact
    • Sustainable Practices: Diverse occupations can include green jobs and sustainable practices, contributing to environmental sustainability.
    • Resource Management: Varied industries can lead to more efficient resource management and reduced environmental degradation.

In summary, the array of different occupations in a county fosters economic stability, innovation, and growth, while also enhancing the quality of life and global competitiveness. This diversity is crucial for the sustainable development and resilience of urban economies.

A diversification score measures the diversity of the occupations in the county. As the value appoaches 100, occupation diversity decreases and therefore increasing the risk of economic failure for the county should those limited occupations befall a calamity. The occupation diversification score for this county is:

Most common occupation is:

 
DescriptionEm­ployed
16 and
Over
Management/ Business/ Financial Professional/ Specialty/ **See below Healthcare Support Protective Services Food Preparation and Serving Building& Grounds Cleaning& Maintenance Personal
Care and
Services
Sales& Related Occupations Office and Administrative Support Farming/ Fishing/ Forestry Construction/ Extraction Production/ Transportation/ Material Moving

Clark County9,4978162,0072752968872936027081,0482266771,662
Arkansas (in 000's)1,413205312462872512913815212132236
National (in 000's)170,84529,72342,2625,6053,6738,7275,7764,25415,93218,14098313,67322,098
Hot Spring County13,2921,4112,7844912781,0354644831,2321,160961,8232,035
Ouachita County8,3347311,820254293476337114633790696542,163
Pike County4,1156617557711527711511932737355484757
Montgomery County3,23031561796351152008444528162362618
Nevada County3,135145575150882917916617551245311598
Dallas County2,5393015531886712655841032335875696
 
Per Cent to Total Employed 16 and OverDiversity
Index
 

Clark County12.168.5921.132.903.129.343.096.347.4511.042.387.1317.50
Arkansas13.3514.5422.073.231.975.123.592.049.7410.770.849.3616.72
National14.0517.4024.743.282.155.113.382.499.3310.620.588.0012.93
Hot Spring County12.4110.6220.943.692.097.793.493.639.278.730.7213.7215.31
Ouachita County15.108.7721.843.053.525.714.041.377.609.480.837.8525.95
Pike County12.9116.0618.351.872.796.732.792.897.959.061.3411.7618.40
Montgomery County12.899.7519.102.971.083.566.192.6013.788.701.9211.2119.13
Nevada County12.714.6318.344.782.819.282.525.305.5816.331.449.9219.07
Dallas County15.8311.8621.787.402.644.962.173.314.069.182.282.9527.41
 
Comparisons to State Norms % to Total >= 150% % to Total < 50% 

Clark County 59.0895.7589.69158.18182.4585.97310.5576.51102.45283.7676.12104.68
Arkansas 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
National 119.62112.08101.62109.1199.7994.20121.9995.7198.5768.5885.4677.36
Hot Spring County 72.9994.90114.42106.14152.1197.27178.0395.1381.0286.12146.4691.57
Ouachita County 60.3198.9494.40178.42111.57112.6767.0277.9588.0098.7283.80155.24
Pike County 110.4483.1357.96141.83131.5077.87141.6881.5684.15159.38125.60110.03
Montgomery County 67.0586.5592.0654.9969.55172.53127.41141.4080.77228.89119.68114.44
Nevada County 31.8083.10148.20142.46181.3370.22259.4257.29151.62171.16105.93114.09
Dallas County 81.5198.68229.35133.9296.9460.36162.0841.6385.20272.3931.54163.96
 
Comparisons to National Norms % to Total >= 150% % to Total < 50% 

Clark County 49.3985.4388.26144.97182.8491.26254.5779.94103.93413.7789.07135.30
Arkansas 83.6089.2298.4091.65100.22106.1681.97104.48101.45145.82117.01129.26
National 100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00100.00
Hot Spring County 61.0284.67112.5997.28152.44103.26145.9399.3982.19125.58171.37118.37
Ouachita County 50.4288.2892.90163.53111.81119.6154.9481.4589.28143.9698.05200.66
Pike County 92.3374.1757.03129.99131.7882.67116.1485.2185.37232.40146.96142.23
Montgomery County 56.0577.2290.5950.4069.70183.16104.44147.7481.94333.75140.04147.93
Nevada County 26.5874.14145.84130.56181.7274.54212.6559.86153.82249.58123.95147.48
Dallas County 68.1488.05225.69122.7497.1564.08132.8743.5086.43397.1936.91211.94


Notes: Professional/Specialty includes these occupations: Computer, Mathematical, Architure, Engineering, Life Science, Physical Science, Social Science, Education, Legal, Community Service, Arts, Media, Healthcare Practioners, Health Technologists

Sources: STI: PopStats, Circa April 2025

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