Alaska September Economic Trends

SeptTrends2017September Trends looks at the economy of the state’s second-most populated area, the Matanuska-Susitna Borough, which has been the state’s hot spot for growth for many years. Also this month is the history and economic profile of Alaska’s only federally recognized Indian reservation, Metlakatla.

Read the September Alaska Economic Trends.

Source: Alaska Department of Labor & Workforce Development

Alaska August Economic Trends

TrendsAug2017
August Trends details the residential rental market survey results, which shows rent is up slightly and vacancy has increased in most places since 2016. This issue also provides a look at federal military spending. Finally, a new feature is introduced this month, “Gauging Alaska’s Economy,” which provides four pages of key economic indicators for Alaska. This will give Trends readers the opportunity to track the big economic picture for the state each month, in one place.

Read the August Alaska Economic Trends

Source: Alaska Department of Labor & Workforce Development

Alaska July Economic Trends

July2017TrendsJuly is the Alaska Department of Labor and Workforce Development annual cost-of-living issue, detailing cost comparisons among Alaska communities and elsewhere as well as how much Alaska’s prices have gone up in the past year. Also in this issue is a look at Alaska’s gross domestic product (the value of all goods and services), which fell in 2016 for the fourth year in a row.

Read the July Alaska Economic Trends

Source: Alaska Department of Labor and Workforce Development

Workforce Wednesday: Helmets to Hardhats

Alaska Helmets to Hardhats is a program by Alaska Works Partnership along with Alaska Department of Labor that connects veterans or people exiting the military to free classes and training for careers in construction.

Rene Eliste, an apprentice with Alcan Electrical and Engineering says it helped him land his career in telecommunications engineering. Helmets to Hardhats isn’t limited to just that career as prospective job seekers can become sheet metal workers, laborers, millwrights and more.

Eliste said this program was beneficial because sometimes it’s hard to transition from a military career to a civilian one. He mentioned it took him months to figure it out what he wanted to do before settling into his current career.

Martha Peck with Alaska Process Industry Careers Consortium added the pay isn’t bad either — depending on the career they choose. Wages can range anywhere from $16.50 an hour to $47 an hour, depending on experience.

For more information, visit APICC’s website. To become a member of Helmets to Hardhats and a list of requirements, visit AlaskaWorks.org.

Watch the full Workforce Wednesday video segment here.

Source: Workforce Wednesday: Helmets to Hardhats » KTVA 11

Alaska June Economic Trends

June2017TrendsThe Alaska Department of Labor and Workforce Development recently partnered with the Department of Corrections to study how employment and wages affect the likelihood of returning to prison after serving time for a felony, and the analysis in this issue is the first of its kind in Alaska. Also in June’s issue is a look at how Alaska measures up nationwide according to federal poverty thresholds, and an analysis of how Alaska’s changing age structure is likely to affect the size and makeup of our future population.

Read the June Alaska Economic Trends

Source: Alaska Department of Labor and Workforce Development