Alaska Forecast: Slower Job Growth Projected

Alaska's economy will continue to grow during 1995 and 1996, extending the trend of job gains for two more years. Expansion keyed to tourism, retail, construction and hard rock mining best describes Alaska's current economic outlook. Conversely, employment in Alaska's oil and forest products industries will continue to contract. In addition, Alaska's public sector will shed employees as pressure to downsize government on all levels builds.