Recent News from the AEDC
AEDC has released its 2015 Resource Extraction Projects: 10-Year Projection Report, sponsored by Northrim Bank. The report shows that despite a series of monumental changes for the resource extraction industry over the past year, including Shell’s termination of its Arctic offshore drilling program, resource extraction companies have been presented with opportunities to improve efficiencies and gain greater profits in their current operations in Alaska.
The unemployment rate for Anchorage in September was 4.7 percent, the lowest September unemployment rate for the city since 2001, according to the latest report from the Anchorage Economic Development Corp. The rate marks a 0.2 percent increase from August’s revised rate, but continues to remain well below the national and statewide averages. The economic report is further strengthened by the latest housing market data from Alaska MLS, which shows a 12 percent increase in the number of homes sold in September compared to August.
The job market is changing. It is no longer people going where jobs are. Instead, people are going where they want to live and jobs are going where the people are. Today’s talent is looking for a city that is aesthetically pleasing, welcoming and open to diversity.
Anchorage is a member of the National Welcoming Cities initiative and LWP’s One Anchorage, One Economy team is supporting the city’s first-ever Welcoming Week Anchorage, September 12-20!