October jobs up 2.8 percent from October 2020 - P.O.W. Report

Monday, November 29, 2021

October jobs up 2.8 percent from October 2020

 


JUNEAU, Alaska — October’s job count was 2.8 percent above October 2020, an increase of 8,500 jobs but still 15,800 below October 2019.

Leisure and hospitality added 2,900 jobs compared to last October but remained 5,500 below the same month in 2019. The trade, transportation and utilities sector was up by 2,900 jobs over the year but still 2,200 below 2019. Oil and gas jobs totaled 6,600 — 500 above year-ago levels but more than 3,200 below October 2019.

Local government had 700 more jobs than last October but 1,400 fewer than October 2019, and public education appears to be the main reason. State government employment was down 300 from last year and down 700 from the year before. Many public schools and university campuses operated remotely during the 2019-2020 school year, but this school year began mostly in person. Federal employment was down 600 from last October with the end of the 2020 Census. The federal job count was on par with 2019.

The state’s seasonally adjusted unemployment rate decreased to 6.1 percent in October. The comparable U.S. rate dipped to 4.6 percent.

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