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Economy at a Glance
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Fairbanks, AK

Fairbanks, AK
Data Series Back
Data		 May
2024		 June
2024		 July
2024		 Aug
2024		 Sept
2024		 Oct
2024

Labor Force Data

Civilian Labor Force(1)

 45.5 45.6 45.9 45.7 45.6 (p)46.0

Employment(1)

 43.7 43.6 44.1 44.1 44.0 (p)44.1

Unemployment(1)

 1.7 2.0 1.8 1.6 1.6 (p)1.9

Unemployment Rate(2)

 3.8 4.4 3.9 3.5 3.5 (p)4.0

Nonfarm Wage and Salary Employment

Total Nonfarm(3)

 38.2 39.3 39.7 39.4 39.0 (p)38.6

12-month % change

 2.7 2.1 2.3 1.5 1.8 (p)1.8

Mining and Logging(3)

 1.0 1.0 1.0 1.0 1.0 (p)1.0

12-month % change

 11.1 11.1 0.0 0.0 0.0 (p)0.0

Construction(3)

 3.2 3.5 3.6 3.6 3.5 (p)3.4

12-month % change

 23.1 12.9 9.1 9.1 12.9 (p)13.3

Manufacturing(3)

 0.6 0.7 0.7 0.7 0.6 (p)0.6

12-month % change

 0.0 0.0 0.0 0.0 0.0 (p)0.0

Trade, Transportation, and Utilities(3)

 7.4 7.6 7.7 7.6 7.4 (p)7.3

12-month % change

 1.4 0.0 1.3 1.3 0.0 (p)-1.4

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)

 1.0 1.1 1.1 1.1 1.1 (p)1.0

12-month % change

 0.0 0.0 0.0 0.0 0.0 (p)-9.1

Professional and Business Services(3)

 2.5 2.6 2.6 2.6 2.5 (p)2.5

12-month % change

 0.0 0.0 -3.7 -3.7 0.0 (p)0.0

Education and Health Services(3)

 5.8 5.8 5.9 5.9 5.9 (p)6.0

12-month % change

 1.8 1.8 3.5 3.5 3.5 (p)5.3

Leisure and Hospitality(3)

 4.5 5.0 5.0 5.0 4.7 (p)4.4

12-month % change

 0.0 0.0 0.0 0.0 2.2 (p)2.3

Other Services(3)

 1.3 1.3 1.3 1.3 1.3 (p)1.4

12-month % change

 0.0 0.0 0.0 0.0 0.0 (p)7.7

Government(3)

 10.6 10.4 10.5 10.3 10.7 (p)10.7

12-month % change

 1.0 2.0 4.0 1.0 0.0 (p)0.0

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

Data extracted on: December 11, 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