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Alaska Unemployment Rises Slightly Despite Job Growth

1/26/2025

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Summary

Story summary

Alaska's unemployment rate ticked up to 4.7% in December, a slight increase from November's 4.6%. Anchorage held steady at 4%, while Juneau and Sitka boasted lower rates of 3.6% and 3.1%. Meanwhile, the state saw a healthy growth in nonfarm jobs, reaching 322,800, with the private sector expanding by 2.1% over the past year.

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Story summary

Alaska's unemployment rate ticked up to 4.7% in December, a slight increase from November's 4.6%. Anchorage held steady at 4%, while Juneau and Sitka boasted lower rates of 3.6% and 3.1%. Meanwhile, the state saw a healthy growth in nonfarm jobs, reaching 322,800, with the private sector expanding by 2.1% over the past year.