This is Alaskanomics's Typepad Profile.
Join Typepad and start following Alaskanomics's activity
Join Now!
Already a member? Sign In
Alaskanomics
Recent Activity
Please visit our Resources page to watch the 2021 Economic Update with Northrim Bank Executives - Joe Schierhorn, Mark Edwards and Mike Huston. Both the video and a copy of the PowerPoint presentation are located on the Resources tab. Continue reading
Posted May 26, 2021 at Alaskanomics
May 21, 2021 No. 21-18 JUNEAU, Alaska — April’s job count was up 6.9 percent from April of 2020, an increase of 19,100 but still 25,200 below April 2019 levels. April’s numbers are significant because they mark the first time the year-ago comparisons are to a month that had COVID-related... Continue reading
Posted May 24, 2021 at Alaskanomics
April 16, 2021 No. 21-12 JUNEAU, Alaska — Alaska’s March employment was down 6.9 percent from March 2020 — a loss of 21,900 jobs — as the pandemic continued to keep job counts well below year-ago levels. March data marks the last time we can compare a current month to... Continue reading
Posted Apr 19, 2021 at Alaskanomics
The Anchorage Economic Development Corporation has released the 2020 Q4 Cost of Living Index Report. Nationally, Anchorage is the 21st most expensive city of the 269 cities that participated in the 2020 COLI survey. In 2020, the composite index for Anchorage rose to 124.4, just 0.4 points higher than in... Continue reading
Posted Apr 14, 2021 at Alaskanomics
March 26, 2021 No. 21-11 JUNEAU, Alaska — Alaska’s February employment was down 7.0 percent from February 2020 — a loss of 22,300 jobs — as the pandemic continued to keep job counts well below year-ago levels. Leisure and hospitality continued to record the largest losses, with 7,300 fewer jobs... Continue reading
Posted Mar 26, 2021 at Alaskanomics
March 12, 2021 No. 21-09 JUNEAU, Alaska — Alaska’s January employment was down 7.4 percent from January 2020 — a loss of 23,000 jobs — as the pandemic continued to keep job counts well below year-ago levels. Leisure and hospitality continued to record the largest losses, with 7,800 fewer jobs... Continue reading
Posted Mar 12, 2021 at Alaskanomics
Jan. 22, 2021 No. 21-06 JUNEAU, Alaska — Alaska’s December employment was down 7.7 percent from December 2019 to 290,400, a loss of 24,100 jobs, as the pandemic continued to keep job counts well below year-ago levels. Leisure and hospitality continued to record the largest losses, with 8,600 fewer jobs... Continue reading
Posted Jan 22, 2021 at Alaskanomics
Jan. 7, 2021 No. 21-2 JUNEAU, Alaska — Alaska’s population decreased by 3,831 people — 0.5 percent — from July 2019 to July 2020, based on population estimates released today by the Alaska Department of Labor and Workforce Development. This was the fourth straight year of decline for the state’s... Continue reading
Posted Jan 8, 2021 at Alaskanomics
Dec. 18, 2020 No. 20-43 JUNEAU, Alaska — Alaska’s November employment of 293,500 was down 7.4 percent from last November, a loss of 23,500 jobs, as the pandemic continued to keep job counts well below year-ago levels. Leisure and hospitality jobs continued to record the largest losses, with 7,000 fewer... Continue reading
Posted Dec 29, 2020 at Alaskanomics
By Tim Bradner Gov. Mike Dunleavy has proposed basically a status-quo budget for next year, at least on the expenditure side. What’s unusual is how the governor proposes to fund principal elements of the budget without imposing new taxes. The governor proposes expenditures of $4.3 million in unrestricted general fund,... Continue reading
Posted Dec 21, 2020 at Alaskanomics
No. 20-41 JUNEAU, Alaska — Alaska’s October job count was down 8.8 percent from last October, a loss of 28,900 jobs, as the pandemic continued to keep job numbers well below year-ago levels. Every industry’s employment was down except the federal government, which was up 200 because of its temporary... Continue reading
Posted Nov 20, 2020 at Alaskanomics
Image
The Alaska Resource Development Council hosted its 41st annual Alaska Resources Conference on Wednesday, November 18. This year’s event was a single day, hosted online. As in years past, the presentations were from industry experts and provided an insight in to the past year as well as a look forward... Continue reading
Posted Nov 20, 2020 at Alaskanomics
State of Alaska Department of Labor and Workforce Development No. 20-36 JUNEAU, Alaska — Alaska’s September job count was down 11.0 percent from last September, a loss of 37,600 jobs. The pandemic kept job counts far below year-ago levels in all industries except federal government, which was up 900 jobs... Continue reading
Posted Oct 27, 2020 at Alaskanomics
State of Alaska Department of Labor and Workforce Development September 18, 2020 No. 20-33 JUNEAU, Alaska — Alaska’s August job count was down 10.5 percent from last August, a loss of 37,000 jobs. Pandemic disruptions continued to spur large over-the-year losses in all industries except federal government, which was up... Continue reading
Posted Oct 7, 2020 at Alaskanomics
Alaska Department of Labor and Workforce Development Sept. 16, 2020 No. 20-32 JUNEAU, Alaska — The Alaska minimum wage will increase from $10.19 to $10.33 effective Jan. 1, 2021. Voters passed a ballot initiative in 2014 to adjust the minimum wage annually for inflation. Alaska Statute 23.10.065(a) requires the Alaska... Continue reading
Posted Oct 1, 2020 at Alaskanomics
Alaska Department of Labor and Workforce Development August 21, 2020 No. 20-30 JUNEAU, Alaska — Alaska’s July job count was down 11.2 percent from last July, a loss of 39,900 jobs. The state’s seasonally adjusted unemployment rate declined to 11.6 percent from 12.4 percent in June. The comparable U.S rate... Continue reading
Posted Sep 16, 2020 at Alaskanomics
By Tim Bradner Alaska’s economy is struggling. The COVID-19 closures of business and institutional employers last spring had a heavy impact, leaving thousands of Alaskans suddenly unemployed. Several billion dollars of federal emergency aid were pumped into the economy through enhanced unemployment benefits and business loans and grants, and these... Continue reading
Posted Jul 17, 2020 at Alaskanomics
May 22, 2020 No. 20-17 JUNEAU, Alaska — Alaska’s job count was down 13.1 percent in April from the same month last year, a loss of 42,200 jobs. The state’s seasonally adjusted unemployment rate jumped to 12.9 percent, up from 5.2 percent in March. The comparable U.S rate rose from... Continue reading
Posted May 22, 2020 at Alaskanomics
Dear KEEP Supporter, This is an extremely difficult time for Alaska, our nation and our world. The impact of the coronavirus has already been devastating to many of us personally and to our state economically. Alaska’s economic foundation is threatened by events over which we have little to no control.... Continue reading
Posted Apr 15, 2020 at Alaskanomics
Image
By Tim Bradner The times are uncertain, for sure. COVID-19 and its effect has dealt a blow to almost all parts of our economy, from tourism to trade, to oil and gas and potentially fisheries. State revenues are under new pressure as oil prices implode. There is one thing to... Continue reading
Posted Mar 31, 2020 at Alaskanomics
North Slope LNG plan, water regulation and political action discussed at resource conference Resource development industry leaders and representatives shared valuable insights related to a new North Slope LNG plan, clean water regulation and political action at the Resource Development Council’s 40th Annual Alaska Resources Conference in November. Former Alaska... Continue reading
Posted Dec 4, 2019 at Alaskanomics
By Tim Bradner There’s an urban myth that energy costs in rural villages are heavily subsidized. The facts indicate that it’s more complicated. Power Cost Equalization, or PCE, is a state program that does help reduce some, but not all, rural residential electricity costs. But there are limits to what’s... Continue reading
Posted Oct 15, 2019 at Alaskanomics
With recent new stories involving volatility and an inverted yield curve, Elliott Cove believes it’d be helpful to share a recent piece by Dimensional Fund Advisors. This educational article titled "The Flat-Out Truth" takes a look at recent periods in which yield curve inversions have occurred. The data shows that... Continue reading
Posted Sep 5, 2019 at Alaskanomics
By Tim Bradner BP hands over the keys on its Alaska oil and gas holdings and operations to Hilcorp Energy next year, and it will be a bittersweet moment for Alaskans who remember the company as a fixture in the state’s oil patch for 60 years. BP began its Alaska... Continue reading
Posted Aug 29, 2019 at Alaskanomics
By Tim Bradner Alaska Legislative Digest Through line-item vetoes to HB 2001 made Aug. 19 when he signed the current year state budget, Gov. Mike Dunleavy reduced spending in the FY 2021 state budget by $220 million, offsetting part of the $375 million added to the budget by the Legislature... Continue reading
Posted Aug 21, 2019 at Alaskanomics