Employment up again in April, continuing a trend

Employment up again in April, continuing a trend

Alaska wage and salary employment gained 0.9 percent in April compared with April, 2018 with private sector jobs increasing 1.1 percent comparing the same months year over year. This is a continuing trend of small monthly gains that show the state’s recession may have ended with a modest recovery underway. The figures are from state Department of Labor and Workforce Development data drawn from reports employers are required to file with the state.
Oil and gas, and construction, showed significant increases, with oil workers up 5.6 percent, again of 500 jobs, and construction up 12.8 percent, with 1,800 more employed than the same month of 2018. These industries are important because they are high wage. Other sectors of the economy continue to show gains, too: Health care employment was up 1.3 percent, continuing a long-term gain; professional and business services, a category that includes engineering and other professions, showed a small 0.8 percent increase, the first gain in three years. Leisure and hospitality employment, which includes drinking establishments and restaurants and reflects disposable income, was up 1.3 percent, and retail was up 0.3 percent, a small gain after several months of decline.

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