Unemployment rate down in April

Posted: Monday, May 19, 2003

JUNEAU (AP) The statewide unemployment rate in April fell to 7.4 percent, down four-tenths of a percentage point from the same month in 2002.

The number of unemployed Alaskans dropped by more than 1,200 in April, compared with March, to 24,873 people. The jobless rate in March was 7.8 percent.

Alaska is experiencing its normal seasonal decline in unemployment as employers gear up for the summer, said Neil Fried, an economist with the state's Department of labor and Workforce Development.

The rate in Anchorage last month was 5.2 percent, down one-tenth of a percentage point from the same month a year ago. Fairbanks' jobless rate was 6.7 percent, down four tenths of a percentage point from last April. Juneau's rate was 5.5 percent, down half a percentage point from April 2002.

The Aleutians East Borough had the state's lowest unemployment rate for April at 3.9 percent. The highest April rate was in the Wade Hampton Census Area in the western part of the state at 22.3 percent.

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