Alaska Monthly Employment Statistics
- 329,353 employed workers
- 22,057 unemployed workers
- 6.3% unemployment rate
The total employment for Alaska is 331,900, which is -600 less than last month, a decrease of 0.18%. The total employment a year ago was 327,300, which is 4,600 lower than today. Employment has increased by 1.41% in the last year. Last months' employment total was revised from 332,500 to 332,200. This revision is a change of 0.09% from the preliminary numbers.
The Trade, Transport and Utilities sectors are the leading employers in Alaska. There are 64,700 employees in the sector. Last month the sector had 64,400 employees last month, an increase of 300 (0.47%). Last year the sector had 64,200 employees last year, an increase of 500 (0.78%).
The chart below illustrates the total monthly employment:
In the month of July, 2019 the average hours worked was 39.9, this was an increase from last month, which averaged 30.7 hours. This represents a change of 30.0%. Average hourly wages for the month were $20.33 per hour, which translates to $811.17 per week. Hourly wages decreased over the last month from $21.33 per hour a decrease of 4.7%. Weekly wages increased over the last month from $654.83 per week an increase of 23.9%.
A year ago, the average hours worked was 44.2 hourse per week, which is a decrease of 9.7%. Hourly wages have increased over the last year from $17.66 per hour, an increase of 15.1%. Weekly wages have increased over the last year from $780.57 per week, an increase of 3.9%.
The chart below illustrates the average monthly wages:
The unemployment rate decreased in July, 2019 from 6.4% to this months' 6.3%. A year ago the unemployment rate was 6.6%, 0.3% lower today. The total workforce in July, 2019 was 351,410, which is 0.2% lower than last months 351,995 and is 0.2% lower than last months 356,600. The total number of unemployed in Alaska is 22,057 as compared to the revised figure from last month of 22,358 and 23,472 unemployed a year ago.
The chart below illustrates the change in the unemployment rate over the last year in Alaska:
About the Writer
This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.