Targeted Employment Area: Prince of Wales-Hyder Census Area, Alaska

Created on 3/26/2017 10:51:27 PM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2014 unemployment averages for Prince of Wales-Hyder Census Area on April 21, 2015.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Prince of Wales-Hyder Census Area 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, Prince of Wales-Hyder Census Area, Alaska to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Prince of Wales-Hyder Census Area 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 Prince of Wales-Hyder Census Area 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.

Prince of Wales-Hyder Census Area Alaska Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 02198 4,954 3,253 2,817 436 13.4% No
BLS 02198 n/a 2,792 2,444 348 12.5% 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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