Research & Reports

Anchorage Employment Report: January 2024

There was a reduction in the estimated overall labor force between December 2023 and January 2024 of 1,287 workers.

The largest job gains year over year were in government with 800 more jobs, construction with 1,200 more jobs and healthcare with 1,200 more jobs.

The monthly job difference in Anchorage compared to January 2020, now represents less than 1% of the job market (900 jobs).

In the month of January, the Anchorage unemployment rate increased 0.5% to 4.1%.

Our unemployed rate has been stable since recovery from the pandemic years 2020 and 2021 and remains slightly below the years preceding the pandemic.

Since December, our labor force decreased by an estimated 1,287 people to 151,979, including 145,792 employed persons and 6,187 unemployed persons.