Research & Reports

Anchorage Employment Report: November 2024

Year over year (YOY), Anchorage’s November estimated jobs increased by 3.2% to 153,800. The sectors that gained the most jobs were: Construction (19.2%, +1,400) Accommodations (11.1%, +300) Health Care (6.9%, +1,500).

Month over month (MOM), total Anchorage jobs decreased by an estimated 0.7% (-1,000 jobs), following seasonal trends.

Anchorage’s job market has remained strong in 2024, fueled by rising visitor spending, an influx of infrastructure funding, and continued investment in the oil sector.

While Anchorage’s job market shows signs of resilience, there were a few potentially concerning trends. The city’s unemployment rate was 0.5% higher than it was in November 2023. Additionally, another measure of job activity—Anchorage’s employment figures—showed a 0.2% decrease in jobs compared to this time last year