The most recent monthly employment statistics posted by the Alaska Department of Labor (AKDOL) paint a disturbing picture.
17 private sector industries show job loss from August to October. 3 of those 17 sectors produce the highest paying jobs in the state.
Alaska state government, however, shows a gain of 900 jobs in that same time period. August – 24, 600; September – 25, 600; October 25,500.
Could this be true? At a time when we are facing a significant budget deficit – is the state really adding jobs to their payroll?
State education grew from 6,400 jobs to 8,100 in that same time period and local governments across the state added 4,600 jobs.
A growing government and a shrinking private sector. Stay tuned for updates. Headlamp hopes there is an explanation.