Alaska News

Alaska job market grew slightly in first quarter

Alaska's job numbers rose slightly during the first three months of 2015, compared to the same period last year, according to new data released by the state.

Employment rose about 1 percent each month from January through March, according to the Alaska Department of Labor and Workforce Development, with the three-month average for employment at 326,087 jobs.

Alaska's economists are following job numbers closely, as they are the most reliable statistic available for determining whether the economy is in a slowdown.

In the oil and gas industry, a major economic sector, jobs rose by more than 5 percent in January and nearly 4 percent in February and March over the same time period a year ago.

Total wage growth, not adjusted for inflation, was 3.75 percent statewide and 5.59 percent in the oil and gas industry.

Jeannette Lee Falsey

Jeannette Lee Falsey is a former reporter for Alaska Dispatch News. She left the ADN in 2017.

ADVERTISEMENT