Alaska needs to replace the customers it loses
Sometimes, the best explanations are the simplest. Especially when it comes to economics.
The complicated way to describe the consequences of Alaska losing population, particularly working-age residents, is to explain that fewer people have moved north than have moved out of the state in each of the past 12 years. That net outmigration is making it hard for employers to fill jobs, which means reduced hours of operation, longer waits for services and less money in the economy.
The decline in working-age residents — ages 18 to 64 — is especially noticeable in vacant state jobs. Whether it’s stat...
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