Employment Forecast 2005-2006
Alaska has recorded a net job increase every year since 1988, an impressive streak that reached seventeen years in 2004. Given the inertia of such long-running, consistent growth, a shift in direction is unlikely, absent a significant shock to one of the fundamental drivers of the state's economy. Growth of 1.5 percent is forecast for 2005, followed by 1.4 percent in 2006.