ALASKA'S NEWSPAPER

Help | Follow on Twitter | alaska.com

| Updated: 8:24 AM

Jobs down in Alaska for sixth straight month

Alaska's unemployment rate jumped to 8.9 percent last month as the state recorded its sixth straight month of job losses.

Story tools

Comments (0)

Add to My Yahoo!

tool name

close
tool goes here

State labor officials said Thursday that the unemployment rate rose 0.6 percentage points over the September rate. And in the last two months, the rate increased by 0.8 points. By contrast, the U.S. rate was 10.2 percent in October, and it had risen 0.5 percentage points in two months.

State officials say Alaska lost 16,000 jobs last month compared with September as summer seafood processing, construction and tourism jobs ended.

Labor economists also closely monitor the number of workers on employers' payrolls compared with a year earlier -- a key indicator of whether the economy is growing or shrinking.

In October, Alaska employers had 3,000 fewer jobs than a year earlier. That's the sixth straight month of declines, showing the U.S. recession has arrived in Alaska. The biggest losses were in the construction, retail and food service trades. However, health care jobs have increased by about 1,400 positions over the last year.

ADVERTISEMENT

Comments

UPDATE ON COMMENTS POLICY: Read before posting | Edit your profile and avatar »

By submitting your comment, you are agreeing to adn.com's user agreement.

Pets

Find puppies, kittens, and all pet supplies and services here. More...

other transportation

Other Transportation

Find great deals on bicycles, snowmachines, ATV's, watrcraft and airplanes. More...

Merchandise, Miscellaneous

Antiques, apparel, even the kitchen sink. Find deals on general merchandise here. More...

More great deals »