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  6.  | Alaska Employment: 313,800 Jobs Puts November Unemployment at 4.4 Percent

Alaska Employment: 313,800 Jobs Puts November Unemployment at 4.4 Percent

Jan 3, 2024 | Government, News

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The seasonal number of jobs in Alaska shrank in November, raising the unemployment rate. The Alaska Department of Labor and Workforce Development puts the seasonally adjusted figure at 4.4 percent, up from 4.3 in October.

Monthly Jobs Down, Yearly Jobs Up

The statewide rate has been hovering near 4 percent since the start of 2022. The comparable national rate dropped slightly to 3.7 percent in November.

The unadjusted unemployment rate in the Anchorage area rose in November to 3.8 percent after dropping to 3.6 in October. Anchorage and the Matanuska-Susitna Borough had the lowest unemployment of any region. Every area saw higher rates than the previous month except for the Prince of Wales-Hyder Census Area (at 6.1 percent, down from 6.3 in October), the Bristol Bay Borough (at 4.7 percent, down from 4.8 in October), and the Bethel Census Area, unchanged month to month at 9.5 percent.

Every area saw higher rates in November compared to a year earlier except four: Bristol Bay Borough, Hoonah-Angoon Census Area, Petersburg Borough, and Yakutat.

The total number of jobs in November was higher than a year earlier. The Alaska Department of Labor and Workforce Development counts 313,800 compared to 308,800. That annual growth of 5,000 jobs is a 1.6 percent increase, even though the job count is down from October’s 322,000.

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Alaska Business November 2025 Cover

November 2025

Most employment sectors grew, but construction, manufacturing, and information were flat year-over-year while financial activities was down by 200 jobs.

Healthcare added 200 jobs since October, adding up to 1,300 more jobs since a year ago. The leisure and hospitality sector counted 800 more jobs since November 2022, mainly in restaurants and bars. The mining sector also added 800 jobs.

Growth in public sector jobs was led by local government (including school districts), up by 500 since November 2022. Growth in federal employment offset the state government’s annual job losses of 400.

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Alaska Business Magazine November 2025 cover
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Despite several decades of extracting valuable commodities, Alaska’s potential for future development remains expansive. In this issue’s special section about Natural Resource Development, we survey the variety of resources the state has to offer, from ongoing gold production and timber to exciting new possibilities, such as antimony. This issue also checks in on how local business leaders have taken an interest in building and expanding the state’s manufacturing industry, led by the new Alaska Manufacturers Association. Enjoy!
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