July Jobs Up 3.0 Percent From July 2021
August 19, 2022
No. 22-12
JUNEAU, Alaska — July job numbers were 3.0 percent above July 2021, an increase of 9,900 jobs with a more typical tourism season and the return of large cruise ships. Overall, the state’s job count remained 14,100 below July 2019.
Over-the-year growth was strongest in leisure and hospitality, the sector that captures much of the state’s tourism-related activity. The sector had 3,800 more jobs than last July, but its employment remained 3,700 below July 2019.
Oil and gas had 600 more jobs than last July, for a total of 7,500. Oil and gas employment remained well below pre-COVID highs, though. In July 2019, the state had 10,100 oil and gas jobs. Over-the-year growth was also strong in wholesale trade and transportation.
Three sectors had fewer jobs than last year. State government was down 700, followed by manufacturing (-300) and information (-100).
The state’s seasonally adjusted unemployment rate was 4.5 percent in July, down one-tenth of a percentage point from June. The comparable U.S. rate was 3.5 percent.
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