Annual, Not Seasonally Adjusted
SMU01000004244600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.80
Year-over-Year Change
-0.63%
Date Range
1/1/2003 - 1/1/2021
Summary
This economic trend measures the annual, not seasonally adjusted employment level for the Anchorage, AK metropolitan area. It provides insight into the local labor market and economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Annual, Not Seasonally Adjusted employment series tracks the total number of jobs in the Anchorage, AK metropolitan area on an annual basis without adjusting for seasonal variations. This data is used by economists and policymakers to analyze long-term employment trends and the overall health of the local economy.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding regional economic performance and informing local policy decisions.
Key Facts
- Anchorage employment reached a high of 160,700 in 2019.
- Employment levels dropped 5.3% in 2020 due to the COVID-19 pandemic.
- The Anchorage metropolitan area accounts for over 40% of Alaska's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the Anchorage, AK metropolitan area on an annual basis without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the overall health and performance of the Anchorage regional economy, which is useful for economists, policymakers, and local businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for understanding regional economic conditions and informing local policy decisions, such as workforce development and infrastructure investments.
Q: Are there update delays or limitations?
A: There may be a several month delay in the release of the latest annual employment data for the Anchorage metropolitan area.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU01000004244600001A), retrieved from FRED.