 Ketchikan unemployment rate close behind at 7.9 percent November 21, 2009
Ketchikan's unemployment (not seasonally adjusted) for October 2009 was reported at 7.9, percent climbing 2 percent from September's reported 5.9 percent. One year ago (October 2008) Ketchikan's unemployment rate was reported as 5.9 percent. In Ketchikan's labor force, 631 of the civilian labor force were reported as unemployed in October 2009 compared to 473 unemployed in October of 2008. Ketchikan's civilian labor force in October 2009 was reported as 7,982. In October 2008, Ketchikan's civilian labor force was reported as 8,010. Statewide, after bouncing around for much of 2009 without showing a clear trend up or down, the unemployment rate has now climbed eight-tenths of a percentage point over the last two months. Alaska's rate remains well below the U.S. rate, however, which was at 10.2 percent in October reports Robinson. Robinson reports that Alaska's October employment estimates show a large seasonal decline of 16,000 jobs from September as activity in seafood processing, construction and tourist-related industries wound down from their peak summer levels. Statewide, October's job numbers were down an estimated 3,000 from October 2008. The biggest losses were in construction (-1,000), accommodations (-800), retail trade (-700), and food services and drinking places (-600). 
Although 2009 will almost certainly
end the state's 21-year streak of job growth, Alaska's job losses
remain significantly less severe than the nation's according
to Robinson. The state's loss of 3,000 jobs represents a decline
of 0.9 percent, compared to U.S. job losses of 4.0 percent over
that same period. 
Source of News & Charts:
Publish A Letter in SitNews Read Letters/Opinions
|
||
