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Month: July 2019

Despite turmoil, economy appears resilient

Despite turmoil, economy appears resilient

Wage and salary employment continued a slow but gradual gain in June with total jobs up 0.5 percent and those in the private sector up 0.7 percent over June, 2018. This is up from a gain of 0.3 percent of total jobs in May, compared with the same month of the previous year. In both months increasing petroleum and construction employment led the gain, with oil and gas up 5.3 percent in both May and June and construction up 3.9…

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Budget mess in Juneau could hit economy

Budget mess in Juneau could hit economy

Business, community leaders worry about job losses Business groups are increasingly concerned about the extended deadlock in Juneau as the Legislature and Gov. Mike Dunleavy grapple with the state budget, particularly the capital, or construction, budget that provides state matching money for almost a billion dollars of federal transportation funds. Economists are also warning that sharp budget reductions extracted through $400-million-plus in budget vetoes by the governor could result in about 4,000 jobs losses, ending a fragile recovery of the…

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Economic Report 1-19

Economic Report 1-19

Jan. 31, 2019 In this Issue: New progress for big Donlin Gold project Companies commit to new work, $322 million bond Dunleavy dividends: $2.4 billion yearly to economy? Transportation New Arctic port, route study Bypass mail test program is off New ferry in service in May Infrastructure Money to complete Nenana bridge Mat-Su’s rail project still pending Governor wants producers back in Alaska LNG Project Legislature convenes in Juneau, but House still not organized Business Intelligence Anchorage feels sticker shock…

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Economic Report 20-18

Economic Report 20-18

Dec. 28, 2018 In this Issue: ANWR: $3 billion a year to state?What if ANWR has no oil? Geologists’ views differPolar bears will be point of contention in ANWR Jobs: Petroleum workforce shows first increase since 2015 InfrastructureCruise tax decision a dilemma TourismPetersburg debates cruise toursFairbanks delays hike in hotel tax TelecomHigh-speed internet in Nome Business IntelligenceGovernor cites lower oil prices in budget planIs governor setting the stage for budget cuts?Earthquake damage in Southcentral more extensive than first thoughtFew Southcentral…

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