Anchorage employment market leads state in job growth

The Anchorage Economic Development Corporation released the August 2014 Anchorage Employment Report today. The report shows the total number of jobs held by city residents and commuters had a net increase of 438 from January to August over 2013.

Jobs gained in the goods-producing sector led the pack for the largest monthly gain with an additional 138 jobs. A year-to-date increase of 313 jobs in the mining and logging industry, which includes oil and gas employment, was the largest contributing factor to the overall growth of more than 1,400 jobs compared to the same time period in 2013.

“Anchorage private sector employment continues to take solid steps forward,” said Bill Popp, AEDC president and CEO. “With unemployment staying far below state and national averages, we are very pleased with last month’s job numbers and are proud to report, again, that the Anchorage economy is thriving.”

Anchorage’s private sector has grown by 1,088 jobs so far this year. The information industry continues to lead job growth within the service sector with a rate of 2.61 percent. The year-to-date average for increased jobs in the service sector overall was 313 jobs.

To view the entire report, click here.

Source:  Anchorage Economic Development Corporation 

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