ANCHORAGE (KTUU) - Correction:
Caroline Schultz, economist of the Alaska Department of Labor & Workforce Development, recently corrected and revised the department's "Labor Force by Borough and Census Area" data table. Some areas had small corrections, ranging from zero to a few tenths of a percent change, while other areas had corrections up to eight percent in difference, says Schultz.
The department's corrections are reflected in the article and interactive data visualization, below.
(App users, please follow this link to view the interactive data visualization).
According to the Alaska Department of Labor and Workforce Development, the state's adjusted unemployment rate was at 6.8 percent, in November. This rate is 2.2 percent higher than the national rate, which was at 4.6 percent.
Alaska’s unadjusted unemployment rate was at 6.6 percent, as reflected in the data visualization above.
Urban areas tended to have lower unemployment rates, in comparison to the statewide average, according to the study. The unemployment rate of Fairbanks was at 5.7 percent, Anchorage’s was at 5.2 percent and Juneau’s was at 4.6 percent, according to the press release. Averaged together, the Anchorage and Mat-Su Region had a 5.9 percent unemployment rate.
The lowest rate of unemployment was in Aleutians East Borough, at 4.3 percent. While the highest rate of unemployment was in the Denali Borough, at 19.3 percent.
According to the press release, recent preliminary estimates indicate that non-farm payroll employment fell by 8,400 jobs statewide. This is a 2.6 percent decline, compared to November 2015. Approximately 81 percent of these lost jobs were in the private sector, while the other 11 percent were in the public sector.
Refer to the data visualization for the specific breakdown of Alaska's shifting job market, by industry type, since November 2015.
Data is sourced from a State of Alaska Department of Labor and Workforce Development press release.