Alaska February Economic Trends

TrendsFeb2018February Trends profiles the large workforce in the oil fields on the North Slope and their historical ups and downs. Also this month Dept. of Labor and Workforce Development explains how federal estimates, posted on their website, incorrectly showed Alaska was beginning to add jobs again and explain why this data set has become less reliable for Alaska’s uses than it was in the past. More reliable data show that Alaska’s job loss continued at least through September of 2017, and likely through the end of the year.

Source: Alaska Department of Labor & Workforce Development

Alaska December Economic Trends

TrendsDec2017In December Trends, the Department of Labor and Workforce Development looks at 10 possible reasons unemployment insurance claims are at historic lows, which may seem counter-intuitive while the state is in a recession, and at how the unemployment insurance program performed in 2016. Also in this issue is a brief analysis of average wage growth across the state over the last decade, and an overview of Alaska’s population today and its historical growth patterns.

Read the December Alaska Economic Trends.

Source: Alaska Department of Labor & Workforce Development

Alaska November Economic Trends

TrendsNov2017Each November we estimate employment in Alaska seafood harvesting, which was down 5 percent last year, mainly due to losses in salmon fisheries.

Also in the November issue, we check up on Alaska’s breweries, which we reported in 2013 were growing rapidly and which have continued to grow despite the state recession. Alaska now has 35 breweries, even in communities as small as Skagway and Gakona, and more Alaskans are buying Alaska craft beer, even as overall beer consumption has decreased.

Also this month, Alaska’s workplace fatalities have continued a long decline that began in 1992, when we started the series. At that time, Alaska had the highest rate of workplace deaths in the nation, and as of 2015, fatalities have dropped almost down to the national level.

Read the November Alaska Economic Trends.

Source: Alaska Department of Labor & Workforce Development

Alaska October Economic Trends

TrendsOct2017
October Trends
features an analysis of job turnover in Alaska, estimates for which haven’t been produced at the state level since the federal program ended in 1981. Also this month is a profile of Alaskans between ages 20 and 34 and how they compare to older Alaskans and to their national counterparts.

Read the October Alaska Economic Trends.

Source: Alaska Department of Labor & Workforce Development