Department of Numbers

Fairbanks, Alaska Unemployment

The BLS reported that the unemployment rate for Fairbanks fell 0.1 percentage points in February 2017 to 5.6%. For the same month, the metro unemployment rate was 0.8 percentage points lower than the Alaska rate. The unemployment rate in Fairbanks peaked in September 2009 at 7.5% and is now 1.9 percentage points lower. From a post peak low of 5.3% in March 2015, the unemployment rate has now grown by 0.3 percentage points. You can also compare Fairbanks unemployment with unemployment in other cities.

Unemployment Rate February 2017 Month/Month Year/Year
National 4.7% -0.1 -0.2
Alaska 6.4% -0.1 -0.2
Fairbanks 5.6% -0.1 0.0
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with February 2017 data as March metro level unemployment data has not yet been released.

Unemployment Rate: Fairbanks, Alaska, National

Fairbanks, Alaska monthly unemployment rate chart

Note: Recessions shown in gray.

Fairbanks, Alaska Unemployed

The number of people unemployed in Fairbanks peaked in October 2009 at 3,492. There are now 897 fewer people unemployed in the metropolitan area. From a recent trough of 2,453 in April 2015, the number of unemployed has now grown by 142. Fairbanks employment and jobs data (including jobs lost/gained in Fairbanks, Alaska) is also available.

Unemployed Persons February 2017 Month/Month Year/Year
Fairbanks 2,595 -13 +28

Number of Unemployed Persons

Fairbanks, Alaska Unemployment History

Date National
Unemployment Rate
Alaska
Unemployment Rate
Fairbanks
Unemployment Rate
Fairbanks
Unemployed
March
2017
4.5% 6.4%
February
2017
4.7% 6.4% 5.6% 2,595
January
2017
4.8% 6.5% 5.7% 2,608
December
2016
4.7% 6.6% 5.8% 2,624
November
2016
4.6% 6.6% 5.9% 2,684
October
2016
4.8% 6.6% 6.1% 2,775
September
2016
4.9% 6.6% 6.3% 2,892
August
2016
4.9% 6.7% 5.8% 2,659
July
2016
4.9% 6.7% 5.8% 2,635
June
2016
4.9% 6.7% 5.6% 2,557
May
2016
4.7% 6.6% 5.7% 2,621
April
2016
5.0% 6.6% 5.7% 2,624

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.