Alaska’s labor force participation rate (LFPR)—share of people sixteen years or older either employed or looking for a job—was 73.5 percent in 1999 but has experienced a steady decline since then, reaching 65 percent as of 2018.
We focus on the last two years of the recession where we present an exercise by region to showcase which boroughs/census areas have fared well and which ones continue to experience difficulties.
In this article we review recent trends in Alaska’s economy and the economic outlook for the near-term and longer-term future.