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NORTHRIM NEWS

Alaska Unemployment at 6.8 percent in May

The State of Alaska, Department of Labor and Workforce Development released its unemployment numbers for May. The seasonally adjusted unemployment rate remained relatively unchanged at 6.8 percent. This is only one-tenth of a percent higher than it was in April. It is still above the national average, which was 5.5 percent in May. In comparison, the non-seasonally adjusted rates fell four-tenths of a percent. This is common with the increase in summer tourism throughout the state.

 

 

Investment and insurance products are:
Not insured by the FDIC or any other federal government agency.
Not a deposit of or guaranteed by Northrim Bank.
May lose value.


Deposit and loan products offered by Northrim Bank, Member FDIC.

Member FDIC Equal Housing Lender

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