Anchorage entered 2020 with an expectation that the four-year slide in employment, totaling 6,000 lost jobs, would finally come to an end. AEDC’s outlook was for 100 new jobs in 2020, essentially a flat forecast for an economy supporting 150,000 jobs. COVID-19 laid...
At this time last year, AEDC expected the Anchorage economy to add 300 jobs over the course of 2019, marking the end of three consecutive years of employment decline. The promise of steep State budget cuts brought an end to that optimism, prompting AEDC to revise its...
A year ago AEDC predicted Anchorage would lose another 1,000 jobs in 2018, mainly in the support sector, as the multiplier effects of previous years’ losses rippled through the economy. The final accounting of Anchorage employment in 2018 will likely place the loss at...
The Anchorage 2018 average year-to-date (YTD) not seasonally adjusted unemployment rate dropped to 5.8 percent at the end of May, 0.6 percent higher than at this time last year. A decrease of 4,025 in the employment total and a decrease of 3,417 in the Anchorage labor...
Consistent with AEDC’s January 2017 forecast, Anchorage employment dipped 1.4 percent in 2017, a decline of about 2,100 jobs. In terms of employment, 2017 was a repeat performance of 2016, with oil and gas, construction, professional services, and state government all...
