State to lose jobs again in 2018

By  | 

FAIRBANKS, Alaska - The state labor department expects continued job losses in Alaska this year, but at a more moderate level than earlier in the recession.
Economist, Karinne Wiebold, said Wednesday that it appears the depth of the recession is diminishing in the state.
Wiebold wrote in a new labor department report that total employment is forecast to decline by half a percent this year, compared to declines of just over one percent last year, and 1.9% in 2016.
She wrote that one reason for slowing losses is that oil and gas, state government, and other sectors that suffered bigger losses appear to be stabilizing at lower job levels.