Research & Reports

Anchorage Employment Report: October 2025

Each month, AEDC publishes the Anchorage Jobs Report, providing key insights into the city’s labor market. This report highlights local unemployment trends, average work hours, earnings, industry performance, and broader workforce dynamics. By analyzing these indicators, we offer a clear picture of Anchorage’s employment landscape—helping businesses, policymakers, and job seekers make informed decisions.

Year over year, Anchorage’s October change from 2024 to 2025 added 6,300 jobs, a 3.2% increase from the prior year. The three fastest-growing sectors were: Trade, Transportation & Utilities (3.5%, +1,200), Transportation/Warehouse/Utilities (8.0%, +1,100), and Leisure & Hospitality (4.4%, +700).

Month over month, jobs had a decrease of -3,100 jobs. The three largest decreases were: Construction (-9.0%, -900), Leisure and Hospitality (-2.3%, -400), and Accommodations (-2.3%, -400). All three of these industries are impacted by seasonality. These declines reflect normal seasonal patterns. Construction activity typically rebounds in the second quarter, while Accommodations and Leisure and Hospitality increase during peak tourism periods. September
and October are commonly a lull between tourism seasons.