Fairbanks-College, AK Metro Area: Unemployment Rate Trend
How Fairbanks-College, AK Metro Area's unemployment rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
8.0%
2023
4.9%
Total change
-3.1 pp
% change
-38.7%
| Year | Unemployment Rate | Change |
|---|---|---|
| 2017 | 8.0% | — |
| 2019 | 6.5% | -1.5 pp (-18.8%) |
| 2020 | 7.1% | +0.6 pp (9.2%) |
| 2021 | 6.3% | -0.8 pp (-11.3%) |
| 2022 | 5.5% | -0.8 pp (-12.7%) |
| 2023 | 4.9% | -0.6 pp (-10.9%) |