Tag: Alaska Economic Report

Several 30-foot fishing boatsin the water

After a summer of pandemic disruptions and poor salmon runs, Alaska fishermen await more federal relief money

Government relief money has helped fishermen, and the state is finalizing a plan for how to spend another $50 million in federal dollars for the industry.
The Trans-Alaska Pipeline is seen running alongside the Dalton Highway, next to a small mountain.

Alaska is down thousands of oil and gas jobs, as the pandemic continues to squash demand

Data from the Alaska Department of Labor show an estimated 6,900 jobs in the state’s oil and gas industry in September. That’s down from 10,000 in January.

Experts say Alaskans’ willingness to mask up is key to rebuilding the economy

Until the virus is under control, experts say the state’s economy will continue to suffer.
Two women wearing aprons and masks stand in front of shelves in a store

How the COVID-19 pandemic has shaped the first year of business for one Anchorage store

The owners say in this first year, they've sold enough shampoo and conditioner to keep nearly 700 plastic bottles out of the landfill, but their business looks a lot different than they thought it would, thanks to the pandemic.
A square tan and grey building

As the pandemic drags on, unemployed Alaskans are still waiting for more help

A $300 dollar per week boost in unemployment payments still hasn't arrived, and economists say that without more cash from the federal government, the entire economy is at risk.

Alaska’s largest ski resort has a plan to operate during the pandemic. What will the slopes be like this year?

With a new operations plan in place, Alyeska Resort in Girdwood is set to get the lifts running again this winter.
A man sits at a picnic table at a restaurant.

Anchorage businesses owners look toward another season of pandemic-related challenges

The season is changing, and some businesses didn’t survive the summer. The ones that did are now preparing for the long winter ahead.

COVID-19 almost sank the Haines bookstore. A local author’s national fans saved sales

Kane opened in March, a week before the COVID-19 pandemic shut down retailers for months.
A line graph shows historical jobless rates by race in Alaska

LISTEN: What can history tell us about which Alaskans face the greatest barriers to employment?

Nationally, Black and Asian Americans are facing a much greater increase in the unemployment rate, compared to white Americans.
A woman smiles while bent over looking at her laptop screen in her classrom.

As the school year begins, Alaska school administrators worry low enrollment could impact state funding

Financially, there is a lot at stake. State funding of public schools is tied directly to enrollment.
Joshua Easterly, operations manager at Alaska Club East, uses a disinfectant fogger to clear the gym.

As gyms adapt to operate during a pandemic, some are struggling to get users back inside

Gyms are adapting, but some still face financial strain as Alaskans opt out of indoor exercise.

LISTEN: There are billions of dollars at stake in the 2020 Census, but Alaska response rates are low

The census is about understanding the country’s population, but it’s also about money. There are billions of federal dollars at stake. Yet, less than half of Alaskans have responded so far, with the lowest self-response rate of any other state in the country.

Skagway’s economy depends on cruise tourism. With little money coming in, the city is paying millions of dollars to residents

In Skagway, the city is distributing a large portion of its federal CARES Act funding directly to residents. City officials hope this unique action will save the town.

LISTEN: Interest rates are low, but competition is high for home buyers in Alaska

Home prices have remained surprisingly high during the pandemic, which may be a result of fewer people moving out.

LISTEN: More women, young Alaskans, among unprecedented number of unemployment filings in April

Like many other things in the past few months, Alaska Department of Labor Economist Jenna Luhrs says unemployment numbers were unprecedented.

LISTEN: April’s job losses were huge — how long will they last?

But, unlike other periods of significant job loss in Alaska’s history, this one may be short lived.

Pandemic stirs greater demand for local meat and produce as Alaskans head into summer

"Farmers are selling everything they can get slaughtered right now," said Schade."

LISTEN: How Alaska’s non-profits are feeling the impact of the COVID-19 pandemic

Alaska’s economy and it's businesses are facing great uncertainty amid the COVID-19 pandemic. And the non-profit industry is no exception.

LISTEN: Job gains expected for Alaska in 2020

In 2020, the state is expected to continue adding jobs, but more slowly.