Research & Reports

Anchorage Employment Report: August 2024

Year over year (YOY), Anchorage’s August estimated jobs increased by 3.1% to158,000 with impressive growth in: Construction (23.5%, +2,000), Leisure & Hospitality (5.1%, +900), Health Care (8%, +1,700).

Month over month (MOM), total Anchorage jobs were estimated to increase by 1.8% (+2,800 jobs)

In the month of August, the estimated Anchorage unemployment rate decreased from 3.7% to 3.4%.

Estimates show that Anchorage’s labor force slightly increased by 168 people with 628 more employed persons, but 460 fewer unemployed persons.

These numbers indicate that Anchorage’s job market is still very tight, and employers will find difficulty in finding local candidates to fill their open positions