Alaskan Unemployment at 6.5% For February

Posted: March 21, 2014 at 8:01 am

Alaska’s seasonally adjusted unemployment rate was 6.5 percent for February, up one tenth of a percentage from January. The comparable national rate was 6.7 percent.

 

This time last year, the Alaska unemployment rate was 6.5 percent, in an overall steady job market. Nationally, things were worse last year when the comparable rate was 7.7 percent.

 

Not-seasonally adjusted rates increased in all but six of Alaska’s boroughs and census areas from December to February, which is normal for the season. Southeast Alaska bucked the trend, with winter fisheries leading to an increase in employment.

 

The Kenai Peninsula unemployment rate fell roughly in the center of the state’s averages, with 9.1 percent of the local population listed as unemployed in February.

 

The highest regional unemployment rate was 26.6 percent in the Hoonah-Angoon census area, the lowest was 4.5 percent in the North Slope Borough.

 

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