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Tuesday, December 3, 2024

Fairbanks sees 6.3% decrease in non-farm payroll employees since last year

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The number of employees on non-farm payrolls in March in the Fairbanks metropolitan statistical area was 34,200, according to the U.S. Bureau of Labor Statistics.

This is a 6.3 percent decrease since last March when Fairbanks reported 36,500 workers on non-farm payrolls.

Statistics were compiled from reports from the civilian labor force and unemployment data, both of which heavily relied on household surveys. The data is not seasonally adjusted.

Employment data is gleaned from an establishment survey that measures non-farm employment, hours and earnings by industry. The data is also based on payroll jobs and such factors as where the establishments are located.

Overall, Alaska reported 296.3 thousand million people employed on non-farm payrolls in March.

Alaska Employees on Non-Farm Payrolls 2021 vs. 2020
March 2021 (In thousands)March 2020 (In thousands)Percent Change
296.3315.1-6%
Source: Bureau of Labor Statistics

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