Research & Reports

Anchorage Employment Report: July 2024

Year over year (YOY), Anchorage’s July estimated jobs increased by 3.2% to155,700 with impressive growth in: Construction (23.5%, +2,000), Leisure & Hospitality (6.2%, +500), and Health Care (7.5%, +1,600).

Month over month (MOM), total Anchorage jobs were estimated to decrease by 1.1%, primarily driven by predictable seasonal trends of a decline in local education jobs (41.5%, -2,700).

In the month of July, the estimated Anchorage unemployment rate decreased a half a percentage point from 4.2% to 3.7%.

Estimates show that Anchorage’s labor force slightly increased by 142 people with 816 more employed persons, but 674 less unemployed persons.

These numbers indicate that Anchorage’s job market is still very tight.