Targeted Employment Area: Kodiak Island Borough, Alaska

Created on 4/24/2017 11:01:25 PM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2014 unemployment averages for Kodiak Island Borough on April 21, 2015.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Kodiak Island Borough Alaska and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Kodiak Island Borough, Alaska to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Kodiak Island Borough qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Kodiak Island Borough may not be granted a designation letter -- or depending on project type, target areas, and Alaska requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Kodiak Island Borough Alaska Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 02150 10,499 7,290 6,905 385 5.3% No
BLS 02150 n/a 6,540 6,221 319 4.9% No

Supporting EB-5 Regional Centers

Sorry, we do not have any record of an EB-5 Regional Centers supporting this area; however, please contact us and we'll get you the assistance you need.

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