SitNews - Stories in the News - Ketchikan, Alaska

 

Alaska unemployment rate at 8.9 percent in October
Ketchikan unemployment rate close behind at 7.9 percent

 

November 21, 2009
Saturday


Alaska's seasonally adjusted unemployment rate rose six-tenths of a percentage point in October to 8.9 percent. September's preliminary rate was revised down one-tenth of a percentage point to 8.3 percent reports Dan Robinson an Economist with the Alaska Department of Labor's Research and Analysis division.

jpg Labor Force by Borough and Census Area

Labor Force by Borough and Census Area
Click on Graphic to View a Large Image

Ketchikan's unemployment (not seasonally adjusted) for October 2009 was reported at 7.9, percent climbing 2 percent from September's reported 5.9 percent. One year ago (October 2008) Ketchikan's unemployment rate was reported as 5.9 percent.

In Ketchikan's labor force, 631 of the civilian labor force were reported as unemployed in October 2009 compared to 473 unemployed in October of 2008. Ketchikan's civilian labor force in October 2009 was reported as 7,982. In October 2008, Ketchikan's civilian labor force was reported as 8,010.

Statewide, after bouncing around for much of 2009 without showing a clear trend up or down, the unemployment rate has now climbed eight-tenths of a percentage point over the last two months. Alaska's rate remains well below the U.S. rate, however, which was at 10.2 percent in October reports Robinson.

Robinson reports that Alaska's October employment estimates show a large seasonal decline of 16,000 jobs from September as activity in seafood processing, construction and tourist-related industries wound down from their peak summer levels.

Statewide, October's job numbers were down an estimated 3,000 from October 2008. The biggest losses were in construction (-1,000), accommodations (-800), retail trade (-700), and food services and drinking places (-600).

jpg Unemployment rates, Alaska & U.S.


Statewide, health care, which was up 1,400 jobs over the year, continued to be one of very few industries showing growth. Government employment was also up by 900 over the year.

Although 2009 will almost certainly end the state's 21-year streak of job growth, Alaska's job losses remain significantly less severe than the nation's according to Robinson. The state's loss of 3,000 jobs represents a decline of 0.9 percent, compared to U.S. job losses of 4.0 percent over that same period.


jpg Alaska Payroll Employment

 

 

Source of News & Charts:

Alaska Department of Labor & Workforce Development
Research and Analysis: laborstats.alaska.gov
www.labor.state.ak.us

 

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Ketchikan, Alaska