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News Release Information

24-1256-SAN
Thursday, August 14, 2025

Contacts Technical information: Media contact:
  • (415) 625-2270

Business Employment Dynamics in Alaska – Fourth Quarter 2024

From September 2024 to December 2024, gross job gains from opening and expanding private-sector establishments in Alaska were 25,948, while gross job losses from closing and contracting private-sector establishments were 24,328, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Chris Rosenlund noted that the difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 1,620 jobs in the private sector during the fourth quarter of 2024. (See table 1.) During the previous quarter, gross job losses exceeded gross job gains by 4,275. (See chart 1.)

Chart 1. Private-sector gross job gains and losses in Alaska, December 2019–December 2024, seasonally adjusted

The change in the number of jobs over time is the net result of increases and decreases in employment that occur at all private businesses in the economy. Business Employment Dynamics (BED) statistics track these changes in employment at private-sector establishments from the third month of one quarter to the third month of the next. The difference between the number of gross job gains and the number of gross job losses is the net change in employment. (See the Business Employment Dynamics Technical Note.)

Gross job gains

In the fourth quarter of 2024, gross job gains represented 10.3 percent of private-sector employment in Alaska; nationally, gross job gains accounted for 5.8 percent of private-sector employment. (See chart 2.) Gross job gains are the sum of increases in employment due to expansions at existing establishments and the addition of new jobs at opening establishments. In Alaska, gross job gains at expanding establishments totaled 21,740 in the fourth quarter of 2024, an increase of 4,961 jobs compared to the previous quarter. Opening establishments accounted for 4,208 jobs gained in the fourth quarter of 2024, an increase of 788 jobs from the previous quarter.

Chart 2. Private-sector gross job gains as a percent of employment, United States and Alaska, December 2019–December 2024, seasonally adjusted
Gross job losses

In the fourth quarter of 2024, gross job losses represented 9.6 percent of private-sector employment in Alaska; nationally, gross job losses accounted for 5.7 percent of private-sector employment. (See chart 3.) Gross job losses are the result of contractions in employment at existing establishments and the loss of jobs at closing establishments. In Alaska, contracting establishments lost 20,535 jobs in the fourth quarter of 2024, an increase of 116 jobs from the prior quarter. Closing establishments lost 3,793 jobs, a decrease of 262 jobs from the previous quarter.

Chart 3. Private-sector gross job losses as a percent of employment, United States and Alaska, December 2019–December 2024, seasonally adjusted
Industries

Gross job gains exceeded gross job losses in 4 of the 7 published industry sectors in Alaska in the fourth quarter of 2024. Construction had the largest over-the-quarter net job increase, with a gain of 1,401 jobs. This was the result of 3,807 gross job gains and 2,406 gross job losses. The professional and business services industry had a net gain of 511 jobs. Leisure and hospitality showed a net loss of 732 jobs, the largest loss of any sector in the state. Alaska’s retail trade industry sector had a net loss of 370 jobs.

For more information

The BED data series include gross job gains and gross job losses by industry subsector, for the 50 states, the District of Columbia, Puerto Rico, and the Virgin Islands, as well as gross job gains and gross job losses at the firm level by employer size class. BED data for the states have been included in table 2 of this release. Additional information is available online at the Business Employment Dynamics homepage and the Business Employment Dynamics Summary.

The Business Employment Dynamics for First Quarter 2025 are scheduled to be released on Wednesday, October 29, 2025, at 10:00 a.m. (ET).

Revisions to Business Employment Dynamics (BED) Data

The release of First Quarter 2025 Business Employment Dynamics data, scheduled for October 29, 2025, will incorporate annual revisions in accordance with standard procedures. The revisions will include the previous four quarters of not seasonally adjusted data and five years of seasonally adjusted data.


Technical Note

The Business Employment Dynamics (BED) data are a product of a federal-state cooperative program known as Quarterly Census of Employment and Wages (QCEW). The BED data are compiled by the U.S. Bureau of Labor Statistics (BLS) from existing QCEW records.

More information on formal definitions of the data used in this release, along with coverage, concepts, and methodology, can be found in the Business Employment Dynamics Technical Note.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Private-sector gross job gains and losses by industry, Alaska, seasonally adjusted
Category Gross job gains and losses
(3 months ended)
Gross job gains and losses
as a percent of employment
(3 months ended)
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024

Total private (1)

Gross job gains

25,419 26,560 25,867 20,199 25,948 10.2 10.5 10.2 7.9 10.3

At expanding establishments

20,994 22,753 22,069 16,779 21,740 8.4 9.0 8.7 6.6 8.6

At opening establishments

4,425 3,807 3,798 3,420 4,208 1.8 1.5 1.5 1.3 1.7

Gross job losses

24,585 21,647 24,387 24,474 24,328 9.9 8.6 9.6 9.7 9.6

At contracting establishments

20,885 17,639 20,340 20,419 20,535 8.4 7.0 8.0 8.1 8.1

At closing establishments

3,700 4,008 4,047 4,055 3,793 1.5 1.6 1.6 1.6 1.5

Net employment change (2)

834 4,913 1,480 -4,275 1,620 0.3 1.9 0.6 -1.8 0.7

Construction

Gross job gains

3,439 4,009 2,905 1,809 3,807 19.5 20.8 15.2 10.2 20.5

At expanding establishments

2,978 3,530 2,491 1,479 3,377 16.9 18.3 13.0 8.3 18.2

At opening establishments

461 479 414 330 430 2.6 2.5 2.2 1.9 2.3

Gross job losses

2,682 2,293 4,271 2,647 2,406 15.2 11.9 22.3 15.0 12.9

At contracting establishments

2,272 1,834 3,806 2,278 1,973 12.9 9.5 19.9 12.9 10.6

At closing establishments

410 459 465 369 433 2.3 2.4 2.4 2.1 2.3

Net employment change (2)

757 1,716 -1,366 -838 1,401 4.3 8.9 -7.1 -4.8 7.6

Retail trade

Gross job gains

1,992 2,551 1,915 1,987 1,987 5.7 7.2 5.4 5.7 5.7

At expanding establishments

1,812 2,266 1,616 1,836 1,636 5.2 6.4 4.6 5.3 4.7

At opening establishments

180 285 299 151 351 0.5 0.8 0.8 0.4 1.0

Gross job losses

2,365 1,862 2,381 2,176 2,357 6.8 5.3 6.7 6.3 6.8

At contracting establishments

2,068 1,586 2,082 1,964 2,125 5.9 4.5 5.9 5.7 6.1

At closing establishments

297 276 299 212 232 0.9 0.8 0.8 0.6 0.7

Net employment change (2)

-373 689 -466 -189 -370 -1.1 1.9 -1.3 -0.6 -1.1

Transportation and warehousing

Gross job gains

2,669 3,314 2,831 2,104 2,741 12.6 15.5 12.8 9.4 12.2

At expanding establishments

2,224 3,170 2,519 1,723 2,476 10.5 14.8 11.4 7.7 11.0

At opening establishments

445 144 312 381 265 2.1 0.7 1.4 1.7 1.2

Gross job losses

2,556 2,509 1,930 2,277 2,721 12.0 11.8 8.7 10.1 12.1

At contracting establishments

2,231 2,171 1,477 2,057 2,311 10.5 10.2 6.7 9.1 10.3

At closing establishments

325 338 453 220 410 1.5 1.6 2.0 1.0 1.8

Net employment change (2)

113 805 901 -173 20 0.6 3.7 4.1 -0.7 0.1

Professional and business services

Gross job gains

3,246 2,634 2,683 2,145 3,077 11.5 9.2 9.4 7.5 10.6

At expanding establishments

2,551 2,120 2,145 1,764 2,480 9.0 7.4 7.5 6.2 8.5

At opening establishments

695 514 538 381 597 2.5 1.8 1.9 1.3 2.1

Gross job losses

2,492 2,878 2,495 2,515 2,566 8.8 10.1 8.7 8.7 8.8

At contracting establishments

1,926 2,087 1,991 1,962 2,035 6.8 7.3 6.9 6.8 7.0

At closing establishments

566 791 504 553 531 2.0 2.8 1.8 1.9 1.8

Net employment change (2)

754 -244 188 -370 511 2.7 -0.9 0.7 -1.2 1.8

Education and health services

Gross job gains

2,222 2,156 2,255 2,695 2,248 4.3 4.2 4.4 5.1 4.2

At expanding establishments

1,703 1,833 1,910 2,475 1,925 3.3 3.6 3.7 4.7 3.6

At opening establishments

519 323 345 220 323 1.0 0.6 0.7 0.4 0.6

Gross job losses

2,031 1,775 2,323 1,950 2,188 3.9 3.5 4.4 3.7 4.1

At contracting establishments

1,550 1,429 1,991 1,618 1,744 3.0 2.8 3.8 3.1 3.3

At closing establishments

481 346 332 332 444 0.9 0.7 0.6 0.6 0.8

Net employment change (2)

191 381 -68 745 60 0.4 0.7 0.0 1.4 0.1

Leisure and hospitality

Gross job gains

5,429 4,943 5,857 4,788 5,127 15.0 13.7 15.9 13.0 14.1

At expanding establishments

4,324 3,870 4,666 3,562 4,177 11.9 10.7 12.7 9.7 11.5

At opening establishments

1,105 1,073 1,191 1,226 950 3.1 3.0 3.2 3.3 2.6

Gross job losses

5,558 4,605 5,372 5,445 5,859 15.3 12.7 14.7 14.8 16.1

At contracting establishments

4,456 3,538 4,170 4,357 4,797 12.3 9.8 11.4 11.8 13.2

At closing establishments

1,102 1,067 1,202 1,088 1,062 3.0 2.9 3.3 3.0 2.9

Net employment change (2)

-129 338 485 -657 -732 -0.3 1.0 1.2 -1.8 -2.0

Other services (3)

Gross job gains

966 903 1,220 888 963 9.4 8.7 11.4 8.3 9.2

At expanding establishments

781 775 1,098 781 816 7.6 7.5 10.3 7.3 7.8

At opening establishments

185 128 122 107 147 1.8 1.2 1.1 1.0 1.4

Gross job losses

897 772 948 1,208 990 8.8 7.4 8.9 11.3 9.4

At contracting establishments

789 614 810 1,091 825 7.7 5.9 7.6 10.2 7.8

At closing establishments

108 158 138 117 165 1.1 1.5 1.3 1.1 1.6

Net employment change (2)

69 131 272 -320 -27 0.6 1.3 2.5 -3.0 -0.2

Footnotes:
(1) Includes unclassified sector not shown separately.
(2) The net employment change is the difference between total gross job gains and total gross job losses. See the Technical Note for further information.
(3) Except public administration.

Table 2. Private-sector gross job gains and losses as a percent of total employment by state, seasonally adjusted
Category Gross job gains as a percent of employment
(3 months ended)
Gross job losses as a percent of employment
(3 months ended)
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024
Dec.
2023
Mar.
2024
June
2024
Sept.
2024
Dec.
2024

United States(1)

6.0 5.7 5.8 5.8 5.8 5.7 5.4 5.9 5.8 5.7

Alabama

6.2 5.7 5.6 5.7 5.7 5.7 5.5 5.6 5.9 5.3

Alaska

10.2 10.5 10.2 7.9 10.3 9.9 8.6 9.6 9.7 9.6

Arizona

6.5 8.4 5.6 6.3 6.1 6.6 6.4 6.8 6.5 6.0

Arkansas

6.2 5.6 5.2 5.2 5.8 5.0 5.2 5.8 5.2 4.8

California

6.4 5.8 6.1 6.4 6.6 6.4 5.6 6.8 6.1 6.4

Colorado

8.2 6.4 6.5 6.3 6.1 7.6 7.7 6.2 6.7 6.7

Connecticut

5.6 5.6 5.8 5.5 5.5 5.7 5.2 5.6 5.7 5.6

Delaware

6.1 6.0 5.9 6.8 6.1 5.8 5.1 6.5 6.4 6.4

District of Columbia

5.2 5.1 5.1 4.9 5.0 5.6 4.9 6.0 5.0 5.5

Florida

6.1 5.8 6.0 6.6 6.0 5.9 5.4 5.9 5.7 6.2

Georgia

6.2 6.0 5.7 5.7 6.0 5.7 5.7 5.7 6.1 5.4

Hawaii

6.1 5.4 5.1 5.6 5.3 5.0 5.1 5.4 5.0 4.9

Idaho

8.5 7.9 7.5 7.2 8.2 5.8 8.3 7.4 7.6 6.8

Illinois

5.0 5.1 5.2 5.0 5.1 5.1 4.8 5.3 5.1 5.2

Indiana

5.5 5.3 5.2 5.3 5.4 5.1 5.0 5.5 5.4 5.2

Iowa

6.1 6.1 5.5 5.2 5.5 5.7 5.6 5.7 6.0 5.6

Kansas

5.8 5.7 5.8 5.3 5.9 5.3 5.6 5.7 5.6 5.2

Kentucky

5.7 5.7 5.2 5.4 5.3 5.2 5.0 5.9 5.5 5.5

Louisiana

6.3 6.2 5.7 6.1 6.2 5.8 5.7 6.3 5.8 5.4

Maine

7.4 7.2 7.3 6.2 6.7 7.0 6.1 7.0 7.0 7.0

Maryland

6.2 5.8 7.2 6.1 6.0 5.8 5.7 6.5 6.1 5.9

Massachusetts

5.5 5.2 5.7 4.9 5.3 5.5 5.1 5.6 5.8 5.6

Michigan

5.5 5.4 5.7 5.4 5.4 5.5 5.2 5.6 5.8 6.0

Minnesota

6.9 5.8 5.7 5.1 5.5 6.9 5.7 5.4 5.9 5.1

Mississippi

6.1 5.7 5.8 6.1 6.3 5.7 6.1 6.3 5.7 6.4

Missouri

6.0 5.7 5.6 5.5 5.7 5.6 5.3 5.8 5.8 5.3

Montana

8.8 8.1 7.9 7.3 8.4 7.2 7.5 7.6 8.1 7.8

Nebraska

5.9 5.8 5.4 5.6 5.6 5.7 5.1 5.6 5.6 5.5

Nevada

6.7 5.9 5.8 6.1 6.2 5.4 6.2 5.7 5.9 5.8

New Hampshire

6.2 6.5 6.1 5.5 6.3 5.9 5.8 6.0 6.7 5.9

New Jersey

5.9 5.5 5.9 5.3 6.0 5.8 5.4 5.4 5.8 5.3

New Mexico

6.9 6.0 6.0 6.2 5.8 5.8 6.0 6.3 6.3 5.9

New York

5.7 5.9 5.9 5.6 5.6 5.6 5.0 5.5 5.7 5.5

North Carolina

6.3 5.4 5.6 5.6 6.1 4.9 5.5 5.7 6.1 5.5

North Dakota

6.7 6.9 6.6 6.5 6.5 6.3 6.1 6.6 6.6 6.7

Ohio

5.4 5.5 5.2 5.1 5.4 5.2 4.8 5.4 5.4 5.1

Oklahoma

6.1 5.6 5.6 6.0 5.9 5.8 5.2 6.4 5.6 5.4

Oregon

6.2 6.4 6.0 6.3 6.2 6.2 6.1 6.4 6.6 6.8

Pennsylvania

5.2 5.1 4.9 5.1 5.2 4.8 4.6 5.1 5.1 4.8

Rhode Island

6.8 6.9 6.6 6.2 7.2 6.3 5.7 6.7 6.5 6.3

South Carolina

6.2 6.4 5.9 6.2 6.5 5.3 6.3 6.4 5.9 6.0

South Dakota

6.6 6.3 6.0 5.9 6.7 5.8 5.8 6.3 5.9 5.9

Tennessee

6.2 5.5 5.5 5.6 5.6 5.5 4.9 5.7 5.8 5.0

Texas

5.7 5.4 5.4 5.6 5.8 5.2 5.1 5.3 5.3 5.1

Utah

6.6 6.7 6.4 6.6 6.6 6.5 6.0 6.6 6.1 6.2

Vermont

7.3 7.2 6.6 6.6 6.7 6.6 6.3 7.5 7.3 6.8

Virginia

5.9 5.7 5.7 5.8 5.8 5.5 5.2 5.6 5.5 5.5

Washington

6.0 5.7 5.7 5.7 5.7 5.4 5.3 5.3 5.4 5.3

West Virginia

6.5 6.9 6.6 5.8 6.4 5.8 5.7 6.8 6.6 6.1

Wisconsin

5.5 5.5 5.3 5.0 5.3 5.2 4.8 5.5 5.4 5.0

Wyoming

8.9 8.4 8.2 8.6 8.8 8.4 8.3 9.0 9.0 8.4

Puerto Rico

4.9 5.4 5.6 5.4 4.4 4.8 4.6 4.9 5.1 5.5

Virgin Islands

6.0 5.6 4.3 4.4 4.0 5.9 4.5 5.1 6.1 12.6

Footnotes
(1) Totals for the United States do not include data for Puerto Rico or the Virgin Islands. The sum of the states will not necessarily add to the U.S. total because of the independent seasonal adjustment of each state.

 

Last Modified Date: Thursday, August 14, 2025