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Summer Employment Firing On All Cylinders, State Economists Say

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The state's unemployment rate went up slightly in July, according to the Department of Labor and Workforce Development.

The seasonally adjusted unemployment rate was 6.3 percent, up three-tenths of a percentage point from June's revised rate.

Many small populations depend on a single summer industry, which helps unemployment rates. Bristol Bay and Skagway reported the lowest jobless rates due to salmon fishing and tourism, respectively. Bristol Bay had a rate of 1.1 percent and Skagway at 2.3 percent.

Rates fell 4 and 2.3 percent-age points in Aleutians East Borough and Aleutians West Census Area last month, which were the largest over-the-month rate drops.

"The summer pollock and salmon fisheries are in full swing in the Aleutians by July, which explains the drop in unemployment," Caroline Schultz, state economist, said in a statement.

The national unemployment rate was 7.4 percent last month.

"Summer employment was firing on all cylinders in July, reflected in low unemployment across the state," Schultz said.

Contact Neil Torquiano


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