Unemployment Holds Steady at 6.4%

Alaska’s seasonally adjusted unemployment rate was 6.4 percent in December, unchanged from November’s revised rate. The comparable national rate was 6.7 percent.
Locally, unemployment was at 7.9 percent last month, up from 7.6 percent in November, but down from 8.5 percent this time last year.

 

Alaska’s rate has been below the national rate for five full years, but the gap between the U.S. rate and Alaska has been slowly shrinking since 2010.

 

As is typical for this time of year, the unadjusted rate increased in almost all Alaskan boroughs and census areas, except the North Slope Borough.

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