Alaska's unemployment rate continues downward trend, stressing employers

Alaska’s unemployment rate reached its lowest level ever for April, two years after it hit a record high during the early days of the COVID-19 pandemic.

The state’s seasonally adjusted unemployment rate dipped to 4.9% in April — the latest data available from the Alaska Department of Labor and Workforce Development.

In April 2020, the unemployment rate shot to an unprecedented 11.9% a month after the pandemic was declared, levels that exceeded even the mid-1980s downturn in the state, according to Labor Department data dating back to 1976.

Today’s low unemployment highlights an extremely tight...

 

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