Jobless rates decline

    Juneau, Alaska (KINY) Alaska’s seasonally adjusted November unemployment rate was 6.3 percent, down one-tenth of a percentage point from October, and the comparable national rate was 3.7 percent.

    November employment was down an estimated 0.4 percent, or 1,300 jobs, from November 2017. Retail had the biggest loss at 700 jobs. Professional and business services and manufacturing each lost 500 jobs over the year and financial activities lost 300.

    Health care added the largest number of jobs over the year (500). The transportation, warehousing and utility industry added 300 and construction gained 200.

    Overall, private sector job numbers were down 0.4 percent and government jobs were down by the same percentage.

    Not‐seasonally adjusted rates rose in nearly every borough and census area, following the normal fall pattern. Rates doubled in Denali and Skagway between October and November, reaching 16.3 and 19.2 percent, respectively, which was a typical increase for the two most tourism-dependent areas of the state. Fishing, although winding down, continued to drive some of the lower rates, with the Aleutians East Borough at 5.1 percent and Aleutians West Census Area at 4.5 percent. Sitka (4.0 percent), Juneau (4.6 percent) and Anchorage (5.1 percent) also had lower rates than the state as a whole.

    Unemployment rates fell in the North Slope Borough (6.1 percent) and Sitka (4.0 percent). Sitka had the state’s lowest rate.

    Also around the southeast, the average unemployment rose from 5.5 to 6.3 percent.  The Haines Borough had 11.8 percent, Hoonah-Angoon rose from 10.1 to 16.9 percent, Juneau rose from 4.3 to 4.6 percent, Ketchikan rose from 5.6 to 6.7 percent, and Petersburg rose from 7.6 to 7.9 percent.

    Prince of Wales-Hyder rose from 9.5 to 10.4 percent, Wrangell from 5.9 to 7.3 percent and Yakutat from six percent to 11.2 percent.


    More from News of the North

    Current Conditions

    Crude Oil Price