Tag: Alaska Economic Report
The season is changing, and some businesses didn’t survive the summer. The ones that did are now preparing for the long winter ahead.
Kane opened in March, a week before the COVID-19 pandemic shut down retailers for months.
Nationally, Black and Asian Americans are facing a much greater increase in the unemployment rate, compared to white Americans.
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.
Gyms are adapting, but some still face financial strain as Alaskans opt out of indoor exercise.
Alaska had just emerged from recession when the pandemic hit. When will the state’s economy be back to pre-COVID levels?
“This is going to be a slow grind to get back to pre-pandemic levels."
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.
Home prices have remained surprisingly high during the pandemic, which may be a result of fewer people moving out.
Like many other things in the past few months, Alaska Department of Labor Economist Jenna Luhrs says unemployment numbers were unprecedented.
But, unlike other periods of significant job loss in Alaska’s history, this one may be short lived.
"Farmers are selling everything they can get slaughtered right now," said Schade."
Alaska’s economy and it's businesses are facing great uncertainty amid the COVID-19 pandemic. And the non-profit industry is no exception.
In 2020, the state is expected to continue adding jobs, but more slowly.
LISTEN: Only one state ferry is currently in operation. How are coastal communities dealing with sailing uncertainty?
This summer, many Alaskans have seen long gaps in service. In some communities, it is still uncertain when boats will return.
There's one Anchorage business flying pizzas hundreds of miles, to far corners of the state.
"Our housing story is vastly different from the rest of the country. And it has been now for four or five years."
It's the holiday season — a time of celebration, gift giving and spending. It can be tempting to lessen the impact of that spending by charging purchases on credit cards. But there are some important things to know.
A year after the quake, are there clear impacts on Alaska's economy as a whole?
Over the next four years, a collaborative research project aims to take a close look at three natural hazards: wildfire, unstable permafrost, and rain-in-winter events.