Kodiak’s October unemployment rate is lower than it was in 2012, according to the Alaska Department of Labor and Workforce Development.
According to statistics released Friday, Kodiak’s unadjusted October unemployment figures reached 4.8 percent, down from the October 2012 rate of 5.4 percent.
Kodiak’s 4.8 percent was the third-lowest number in Alaska, behind Anchorage (4.7 percent) and Juneau (4.3 percent). The North Slope Borough shared the 4.8 percent figure with the Kodiak Island Borough.
The department cautioned that the figures are preliminary, as the data is revised at the end of each calendar year.
Statewide, Alaska’s seasonally adjusted employment rate was 6.5 percent in October. The national rate was 7.3 percent.
The state’s highest unemployment rate was in Wade Hampton Census Area near Norton Sound where unemployment is at 19.7 percent.
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