State economist Neal Fried says not to put too much stock in 2022’s income growth.
"alaska economy"
Alaska economists are pondering the state’s labor market churn
As job numbers have rebounded, more attention is being paid to “labor churn” — not just job openings, but also things like how many workers are in those jobs and how many are quitting or retiring.
Alaska’s economic recovery lags behind most states
As of July, Alaska had made up less than half of its COVID-related job losses.
Alaska had just emerged from recession when the pandemic hit. Economist sees a ‘slow grind’ to get back to pre-COVID levels.
Recovery forecasts are constrained by big unknowns, such as levels of federal aid and the course of the pandemic.
For the first time since 2013, the Alaska Permanent Fund dividend will be less than $1,000
The Alaska Permanent Fund dividend going out in July will be $992. The amount announced on Friday is $8 less than the Alaska Legislature estimated when it budgeted for the annual dividend.
Southeast economy, population levels off
After five years of growth, Southeast Alaska’s labor force and population leveled off in 2013.