Edit ModuleShow Tags
Edit ModuleShow Tags

Unemployment Rate at 6.5 Percent in January


JUNEAU, Alaska—Alaska’s seasonally adjusted unemployment rate was 6.5 percent in January, essentially unchanged from December’s revised 6.6 percent. The comparable national rate was 4.8 percent.

January’s not-seasonally adjusted rate was 7.2 percent, up six-tenths of a percentage point from December, which is a typical seasonal increase.

Unadjusted rates rose in 25 out of 29 boroughs and census areas and jumped by a percentage point or more in 15. Winter fisheries buoyed the boroughs and census areas with January rate decreases. Skagway had the highest unemployment rate at 21.2 percent, and Aleutians East Borough was lowest at 2.4 percent.

Preliminary estimates show employment was down 6,800 jobs, or 2.1 percent, compared to the previous January. Substantial losses in oil, construction, and state government made up most of the decline. Professional and business services, which is tied to both oil and construction activity, also recorded significant losses. Health care and local government were the only industries to add net jobs.

View the original press release at http://labor.alaska.gov/news/2017/news17-12.pdf

Edit Module

Add your comment: