Targeted Employment Area: Lake and Peninsula Borough, Alaska

Created on 4/24/2017 11:00:41 PM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2014 unemployment averages for Lake and Peninsula Borough on April 21, 2015.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Lake and Peninsula 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, Lake and Peninsula Borough, Alaska to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Lake and Peninsula 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 Lake and Peninsula 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.

Lake and Peninsula Borough Alaska Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 02164 1,078 720 634 86 11.9% No
BLS 02164 n/a 637 556 81 12.7% Yes

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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