More Jobs in August While Unemployment Rate Holds Steady

Sep 20, 2022 | Government, News

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Alaska’s unemployment rate was flat from July to August. The Alaska Department of Labor and Workforce Development puts the seasonally adjusted figure at 4.5 percent.

Closing the Gap

The rate in Alaska is converging on the national rate of 3.7 percent, which was a slight increase from July to August.

The unadjusted rate in Anchorage and the Matanuska-Susitna Borough was a combined 3.2 percent, down from 3.9 in July. The Interior fell from 3.9 to 3.3 percent in August. Southeast Alaska dropped to 2.9 percent. The monthly decrease from 6.9 percent to 6.3 in the Southwest region combines the state’s highest unemployment in the Bethel and Yukon-Kuskokwim areas with the lowest in the Aleutians and Bristol Bay.

Total number of jobs increased 3.1 percent since August 2021, with 10,200 more Alaskans employed than a year earlier. That figure is a bigger improvement than the month before, yet still 13,700 jobs below August 2019.

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Alaska Business Magazine July 2026 cover

July 2026

The leisure and hospitality sector had the strongest year-over-year growth, up 10.3 percent, but the 44,500 total jobs are still 3,800 less than in August 2019. The mining and logging sector, which includes oil and gas, saw 6.4 percent growth in jobs year-over-year, with 700 added since August 2021, yet oil and gas jobs remain 2,900 jobs below August 2019.

The Department of Labor points to a few sectors that have recovered to their pre-pandemic employment: the federal government, local government including schools, healthcare, and “other services” (which excludes finance, professional, or business services).

Alaska Business Magazine July 2026 cover
In This Issue
Best of Alaska Business
July 2026
This July issue features the 11th annual Best of Alaska Business awards, in which our readers vote for their favorite Alaska businesses across dozens of categories. Congratulations to all of the 2026 winners! Also in this issue: how businesses are managing without pennies, modern medical transport solutions, and a report from the Alaska Miners Association's Fairbanks 2026 Convention. Enjoy!
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