Anchorage Employment Report: June 2022

Preliminary job numbers for the month of May show an increase of 5,100 jobs up from May of 2021 that was affected by increased COVID-19 impacts. Almost all sectors saw flat to significant growth, with the exception of health care and state government.

The number of single-family homes sold year-to-date has decreased by 11%. The average sale price so far in 2022 continues to rise, currently up 7.1%. Single-family home listings decreased by 47.4% compared to the same period in 2021, suggesting that the housing market remains deep into a seller’s market. With national inflation rates at near 10%, and Anchorage inflation rate reaching 7.5% in April, a broad range of interest rates will likely increase significantly as we progress into 2022. The top five employers posting jobs in May are Providence Health and Services, Anchorage School District, Municipality of Alaska, Humana (health insurance), and Southcentral Foundation.

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