Department of Numbers

Fairbanks, Alaska Unemployment

The BLS reported that the unemployment rate for Fairbanks fell 0.1 percentage points in August 2019 to 5.4%. 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 2.1 percentage points lower. From a post peak low of 5.3% in April 2015, the unemployment rate has now grown by 0.1 percentage points. You can also compare Fairbanks unemployment with unemployment in other cities.

Unemployment Rate August 2019 Month/Month Year/Year
National 3.7% 0.0 -0.1
Alaska 6.2% -0.1 -0.3
Fairbanks 5.4% -0.1 -0.4
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with August 2019 data as September 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 September 2009 at 3,454. There are now 1,008 fewer people unemployed in the metropolitan area. Fairbanks employment and jobs data (including jobs lost/gained in Fairbanks, Alaska) is also available.

Unemployed Persons August 2019 Month/Month Year/Year
Fairbanks 2,446 -33 -217

Number of Unemployed Persons

Fairbanks, Alaska Unemployment History

Date National
Unemployment Rate
Alaska
Unemployment Rate
Fairbanks
Unemployment Rate
Fairbanks
Unemployed
September
2019
3.5% 6.2%
August
2019
3.7% 6.2% 5.4% 2,446
July
2019
3.7% 6.3% 5.5% 2,479
June
2019
3.7% 6.4% 5.6% 2,519
May
2019
3.6% 6.4% 5.7% 2,575
April
2019
3.6% 6.5% 5.7% 2,598
March
2019
3.8% 6.5% 5.7% 2,618
February
2019
3.8% 6.5% 5.7% 2,611
January
2019
4.0% 6.5% 5.7% 2,610
December
2018
3.9% 6.5% 5.7% 2,625
November
2018
3.7% 6.5% 5.7% 2,622
October
2018
3.8% 6.5% 5.7% 2,623

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.