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Receive the December 2017 back issue of Alaska Economic Trends magazine.
Printed in Full Color. Delivered to your mailing address.
10 Possible Reasons
Unemployment Insurance Claims are Low
It’s no secret that the state is in a recession. Alaska has been losing jobs since the fourth quarter of 2015, and total and average wages have both declined.
At the same time, Alaska’s unemployment rate has slowly increased from a low of 6.4 percent in mid-2015 to 7.2 percent in October 2017. This triggered extended benefits for unemployment insurance, effective as of November. EB allows for up to an additional 13 weeks of benefits on top of the regular allowed maximum of 26 weeks.
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Alaska Economic Trends is a monthly magazine whose purpose is to objectively inform the public about a wide variety of economic issues in the state. Trends is funded by the Employment and Training Services Division of the Alaska Department of Labor and Workforce Development and is published by the department's Research and Analysis Section. Trends is printed and distributed by Assets, Inc., a vocational training and employment program. Material in this publication is public information, and with appropriate credit may be reproduced without permission.
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