Alaska Holds 4.6% Jobless Rate as May Nonfarm Employment Stalls at 0.0%
Updated
Updated · Alaska Business · Jun 19
Alaska Holds 4.6% Jobless Rate as May Nonfarm Employment Stalls at 0.0%
2 articles · Updated · Alaska Business · Jun 19
Summary
343,600 nonfarm jobs were recorded in Alaska in May, exactly matching May 2025 and leaving year-over-year employment growth at 0.0% while the seasonally adjusted unemployment rate held at 4.6%.
A 2.9% drop in government employment offset a 0.9% gain in private-sector jobs, with federal payrolls down 1,500 from a year earlier, plus losses in state and local government.
Construction fell 3.1% year over year, while information and professional services also shrank; retail and wholesale each posted smaller declines.
Oil and gas added 1,000 jobs for 11.6% growth, and transportation, warehousing and utilities led gains with 1,600 more jobs, even as Anchorage-Mat-Su's unadjusted jobless rate dropped to 3.7% from 4.4% in April.
Alaska's unemployment rate has stayed near 4.7% since mid-2024 and remains slightly above the U.S. rate, which was unchanged at 4.3% in May.