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Fairbanks, AK Metropolitan Area Employment Analysis

( Data Date : November 2018 )

 Alaska Employment Data

Alaska, “the Last Frontier,” offers unique adventures, challenges and opportunities. At the same time, at the end of the day, the state’s economic and employment trends also parallel many of its mainland peers. For example, while you may be able to find work in the tourism or fishing industry, jobs are seasonal; and oil production in the state has greatly slowed in recent years.




The latest employment scorecard for the State of Alaska for is listed below, based on data from the U.S. Bureau of Labor Statistics.  The higher unemployment rate could reflect slack in the market as more workers enter the labor force. You can view what jobs are available in Alabama, as well as which sectors of the economy are growing most quickly, on our Job Listings page

 

State/Metropolitan Employment Data:

Fairbanks, AK Metropolitan Area Unemployment Rate Trends (% change)


  • The unemployment rate in the Fairbanks, AK Metropolitan Area, metro area was 4.9% in September 2018, 0.5% higher than last month, and lower by 1% from a year ago.

  • Compared to national and state unemployment rates, the Fairbanks, AK Metropolitan Area, metro area unemployment rate in September 2018 was higher by 4.9% than the U.S. rate of %, and lower by 1.4% than the Alaska state unemployment rate of 6.3%.

  • Total employment in the Fairbanks, AK Metropolitan Area, metro area increased by 6% (806 more persons employed) over the past quarter, and increased by 5.9% ( 287921 less ) over the past year.

  • The Fairbanks, AK Metropolitan Area, metro area has an employable civilian labor force (employed + unemployed persons age 16 and older) of 46,012 persons.

  • The Fairbanks, AK Metropolitan Area, metro area labor force shrunk by 1.3% (32533 persons) over the past quarter, and shrunk by 2.7% (35477 persons) over the past year.

  • Current Rate
    Last Year
    Last QTR
    Last Month
    Difference Since Last Quarter
    4.9%
    + 5.9%
    + 6%
    - 4.4%
    + 806


    %95.15 of the Total Labor Force is Employed.


    Employment information is based on data provided by the U.S. Bureau of Labor Statistics (BLS).

    Graphs and charts are based on monthly data from 2000 to present (BLS reports monthly data a month to six weeks after the close of each month).

    The data MuniNet Guide uses and presents is seasonally adjusted.