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Economy at a Glance
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Fairbanks, AK

Fairbanks, AK
Data Series Back
Data		 Nov
2023		 Dec
2023		 Jan
2024		 Feb
2024		 Mar
2024		 Apr
2024

Labor Force Data

Civilian Labor Force(1)

 (t)46.5 (t)46.0 45.1 45.2 45.5 (p)45.3

Employment(1)

 (t)44.6 (t)44.1 43.0 43.1 43.6 (p)43.5

Unemployment(1)

 (t)1.9 (t)1.9 2.1 2.2 1.8 (p)1.8

Unemployment Rate(2)

 (t)4.0 (t)4.2 4.7 4.9 4.0 (p)4.0

Nonfarm Wage and Salary Employment

Total Nonfarm(3)

 37.2 37.1 35.8 37.2 37.3 (p)37.6

12-month % change

 2.5 2.5 2.0 3.3 3.0 (p)3.9

Mining and Logging(3)

 0.9 0.9 0.9 1.0 1.0 (p)1.0

12-month % change

 12.5 12.5 12.5 25.0 25.0 (p)25.0

Construction(3)

 2.7 2.6 2.5 2.7 2.8 (p)2.9

12-month % change

 17.4 23.8 25.0 22.7 27.3 (p)31.8

Manufacturing(3)

 0.6 0.6 0.6 0.6 0.6 (p)0.6

12-month % change

 0.0 0.0 0.0 20.0 0.0 (p)0.0

Trade, Transportation, and Utilities(3)

 7.3 7.3 7.2 7.2 7.2 (p)7.3

12-month % change

 2.8 2.8 4.3 2.9 2.9 (p)2.8

Information(3)

 0.3 0.3 0.3 0.3 0.3 (p)0.3

12-month % change

 0.0 0.0 0.0 0.0 0.0 (p)0.0

Financial Activities(3)

 1.1 1.1 1.0 1.1 1.1 (p)1.0

12-month % change

 0.0 10.0 -9.1 0.0 10.0 (p)0.0

Professional and Business Services(3)

 2.4 2.4 2.3 2.4 2.4 (p)2.4

12-month % change

 -4.0 -4.0 -4.2 -4.0 -4.0 (p)0.0

Education and Health Services(3)

 5.7 5.7 5.7 5.8 5.7 (p)5.8

12-month % change

 3.6 1.8 1.8 3.6 1.8 (p)3.6

Leisure and Hospitality(3)

 4.1 4.1 3.9 4.0 4.1 (p)4.2

12-month % change

 -6.8 -6.8 -7.1 -7.0 -6.8 (p)-2.3

Other Services(3)

 1.4 1.4 1.3 1.4 1.3 (p)1.3

12-month % change

 16.7 16.7 8.3 16.7 8.3 (p)0.0

Government(3)

 10.7 10.7 10.1 10.7 10.8 (p)10.8

12-month % change

 1.9 0.9 1.0 1.9 1.9 (p)1.9

Footnotes
(1) Number of persons, in thousands, not seasonally adjusted.
(2) In percent, not seasonally adjusted.
(3) Number of jobs, in thousands, not seasonally adjusted. See About the data.
(p) Preliminary
(t) Data were subject to revision on April 19, 2024.

Data extracted on: July 23, 2024

Source: U.S. Bureau of Labor Statistics
Note: More data series, including additional geographic areas, are available through the "Databases & Tables" tab at the top of this page.

 

Geographically based survey data available from BLS:

Employment & Unemployment

Prices & Living Conditions

Compensation & Working Conditions