Alaska sees job gains for 7 months straight after 3 years of losses, report says
Annie Zak, Anchorage Daily News, June 6, 2019
A streak of job gains in Alaska could signal the end of the state’s recession, according to a new report released this week. The state recently saw year-over-year job growth for seven months straight, starting in October, the Alaska Department of Labor and Workforce Development said in its monthly gauge of Alaska’s economy. That growth was small — in most of those months it was less than a 0.5% gain from the same month the previous year — but it is an encouraging sign after three years of job losses. Previous state data showed two consecutive months of job gains in January and February of this year. The state labor department revises job numbers after releasing initial estimates. After revisions to 2018 figures, the labor department found the state actually registered year-over-year job gains for seven months in a row after 36 months of losing jobs.
Related:
2019’s Best & Worst States for Jobs
Adam McCann, Wallet Hub, May 30, 2019
Spoiler Alert: Alaska’s job market rank is 50th. The news about 7 months of job gains is encouraging!
From the Washington Examiner, Daily on Energy:
MANCHIN REFUSES TO ENDORSE SENATE PARIS DEAL BILL: Sen. Joe Manchin refused to join the rest of the Democratic caucus in co-sponsoring a bill introduced Thursday barring Trump from using federal funds to withdraw the U.S. from the Paris Climate Accord.
Manchin, D-W.V., the coal state top Democrat of the Energy and Natural Resources Committee, said he held out on backing the bill because he “never believed the Paris Agreement created a level playing field amongst nations.”
“I believe climate change is an urgent threat we must address,” Manchin said in a statement explaining his decision. “That is why I am focused on bipartisan proposals that allow for U.S. leadership on climate science and technology.”
The Senate legislation is a companion to a bill passed by the Democratically controlled House last month. All House Democrats backed that bill. It likely won’t advance in the GOP-led Senate.
