Alaska average wages slide down to 8th highest in nation
December 14, 2022
The high wages that once coaxed people to Alaska have continued to shrink compared to the rest of the U.S., due partly to a statewide recession before the pandemic and a slow recovery after it, according to a new report from the Alaska Department of Labor and Workforce Development.
Alaska’s average wages still outperform the rest of the country, said economist Neal Fried, writing in the agency’s latest publication of Alaska Economic Trends. They placed eighth nationally last year at $30.52 an hour, about $2.50 above the national average.
But Alaska wages no longer hold the top spot they...