The not seasonally adjusted unemployment rate for Anchorage in May was 5.8 percent, flat compared to the April revised rate, according to the latest AEDC Employment Report co-sponsored by First National Bank Alaska and Alaska Communications.

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With this latest figure, the 2017 average year-to-date (YTD) not seasonally adjusted unemployment rate in Anchorage was 5.8 percent at the end of May, 0.1 percent higher than at this time last year. A decrease of 366 in the employment total and an increase of 98 in the Anchorage labor force during the YTD period has resulted in the reported unemployment total increasing by 207.

Losses in the number of Goods Producing jobs in Anchorage continue to lead the overall downward trend 2017 YTD. The year to date average of 10,700 is 1,400 (-11.6%) fewer jobs than the same period in 2016. A decrease of 700 (-21.2%) jobs in the Mining & Logging industry, which includes Oil & Gas employment. YTD Construction employment is down 700 (-10.1%) jobs. Manufacturing is flat at 1,900 jobs. Total Anchorage Goods Producing employment is now at 2000 employment levels.

The latest Anchorage employment data provided by AEDC and co-sponsored by First National Bank Alaska and Alaska Communications

To view the complete Anchorage employment report, co-sponsored by First National Bank Alaska and Alaska Communications, please click here.