juneau alaska economyaudit assistant manager duties and responsibilities

The following is a summary of data regarding the Southeast Region labor These 351 degrees mean that there were 5.57 times more degrees awarded to White students then the next closest race/ethnicity group, Unknown, with 63 degrees awarded. (Clarise Larson / Juneau Empire). Plenty of colorful displays and activities will still be available to Juneau Continue reading, Voices of Alaska theme for downtown parade reflects range of Juneaus traditional holiday events. The following chart displays the households in Juneau, AK distributed between a series of income buckets compared to the national averages for each bucket. A chart shows Alaskas employment growth since 2015 trailing far behind the national average, according to a study released this month showing the states overall economic performance is among the worst in the country. 1997, has developed a capital pool of about $5 billion to assist area building houses the regional headquarters of several federal agencies. Property tax rate: Click here to see the full report. 58 18 N Latitude, 134 . The things young families need to live and to prosper and to stay, were not doing well, she said. Local government, which includes public schools, was up by 300 jobs and state government by 200. Southeast Alaska economy: 'Every year from now on, we're - KTOO Using averages, employees in Juneau, AK have a shorter commute time (15.3 minutes) than the normal US worker (26.9 minutes). She says this report reads as a kind of manual for how to best support businesses at this time. Economy. continues to grow with the Kensington Gold Mine starting production. The drop-off that occurred between 2012 and 2013 has been attributed to the decline in the mining sector, specifically the oil and gas sectors, a consequence of declined production. Comments (0). Leisure and hospitality was still about 1,100 jobs below November 2019. Juneau, AK 99801 Phone 907-523-2300 Fax 907-463-3929 December 1, 2020 Dear Readers, The Juneau Economic Development Council is pleased to present the 2020 edition of the Juneau and Southeast Alaska Economic Indicators report to our community. Juneau Tourism Management Plan, 2002 Alaska Department of Community and Economic Development -Search database of community and economic information. Language links are at the top of the page across from the title. New York has the second highest (5,087), followed by Florida (4,915). An essential feature of a healthy economic system is a healthy government. In 2020, universities in Juneau, AK awarded 556 degrees. also the home of Klukwan Forest Products, Inc., which holds 23,000 acres . Professional and business services added 800 jobs, followed by health care at 600. In 2020, the median household income of the 12.9k households in Juneau, AK declined from $88,077 from the previous year's value of $88,390. Alaskanomics - Economic Forecast Released The states seasonally adjusted unemployment rate was 4.3 percent in December (down from 4.5 percent in November), and the comparable U.S. rate was 3.5 percent, down from 3.6 percent. The report includes a detailed snapshot of Juneau and Southeast Alaska along with employment and earnings data, demographic trends, an overview of education, housing and construction numbers, industry profiles and cost of living analysis. The following chart shows the number of people with health coverage by gender. You have COVID, and you take those cruise ships away. Economic Development Information: In 2020, the top outbound Alaska product (by dollars) was Crude petroleum with $10.1B, followed by Electronics ($7.84B) and Meat/seafood ($4.1B). All rights reserved. Juneau, AK is home to a population of 32.1k people, from which 97% are citizens. Juneau Economic Development Council Many of the new travelers are younger, more independent, and This chart shows the share breakdown of the primary industries for residents of Juneau, AK, though some of these residents may live in Juneau, AK and work somewhere else. Every year, the state legislature takes out 8 percent from the earnings, puts 3 percent back into the principal for inflation proofing, and the remaining 5 percent is distributed to all qualifying Alaskans. gold, silver, lead, and zinc, and is one of the largest silver mines in The average car ownership in Juneau, AK was 2 cars per household. The opening follows 10 months of closure due to substructure damage of previous bridge. Showing data for Juneau City and Borough, AK. | Fax: (907) 463-3929 Alaska Department of Community and Economic Development, Research Juneau, AK 99801 Southeast Alaskas economy suffered a threefold hit from the wider economic setbacks of the pandemic, the devastation of tourism, and 2020 was also the slowest fishing year, or one of the slowest, in the regions history, Schijvens said. Comments (0). case-by-case basis. Nonag. [14] The cost of a US gallon of gasoline in urban Alaska today is usually $0.30$0.60 higher than the national average; prices in rural areas are generally significantly higher but vary widely depending on transportation costs, seasonal usage peaks, nearby petroleum development infrastructure and many other factors. The chart below shows how the median household income in Juneau, AK compares to that of it's neighboring and parent geographies. Meilani Schijvens, director of Rain Coast Data which authored the report, stated its findings and the UAs report can also be reconciled. But her report notes the region added 1,100 jobs during the first half of 2022, with mining jobs up 7% and construction employment up 5% for the year to date. Juneau Economic Development Council; Comprehensive Annual Financial Report; Size and Location. The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks. The overall labor force demonstrated The largest share of households have an income in the $75k - $100k range. Public, 4-year or above ($1,602) is the sector with the highest median state fee in 2020. Nearly all industries recorded growth, but most remained below pre-pandemic levels. More. Service and trade industries created halfthe news jobs since 1960, as Alaska's economy matured and established local support industries and as tourism increased. The two sectors that gained the most jobs were the two hit hardest by pandemic losses. This is a 6.1% increase from the previous year ($10,428). The Governor's Office of International Trade provides assistance The only over-the-year job loss was in manufacturing (-100), which in Alaska is mainly seafood processing and can vary considerably from year to year. 1,250, professional and business services: Per capita personal health care spending in Alaska was $11,064 in 2014. Alaskas unemployment rate is typically higher than the nations, but that trend has been less consistent during pandemic recovery. In collaboration with other organizations, JEDC implements initiatives to maintain, expand, and create jobs and economic opportunities. Most businesses named access to grants and utility assistance as the top two things that could help get them through this year. In a report compiled by the Alaskan Government, the real GDP of Alaska was $51.1 billion in 2011, $52.9 billion in 2012 and $51.5 billion in 2013. Cruise tourism rebounded to near-normal levels this year, giving Southeast economists and businesses reason for future optimism after the region was by some measures the hardest hit economically in the U.S. during the height of the COVID-19 pandemic. That sounds. 7,050, financial activities: Juneau, AK is currently represented by Don Young (Republican Party). 3,500 shareholders of primarily Alaska Native heritage. In 2020, total outbound Alaska trade was $41.8B. Between 2004 and 2006, the federal government was responsible for 135,000 Alaska jobs, the petroleum sector provided 110,000 jobs and all other industries and services combined for 122,000 jobs. $2,611, Unemployment rate: Employment in the service sector should remain strong. Schijvens says places like Petersburg were more insulated from the economic downfall because the community isnt as dependent on cruise ship tourism. Coast Guard. | Economy of the United States by jurisdiction, https://en.wikipedia.org/w/index.php?title=Economy_of_Alaska&oldid=1161300475, All articles with bare URLs for citations, Articles with bare URLs for citations from March 2022, Articles with plain text file bare URLs for citations, Short description is different from Wikidata, Wikipedia articles in need of updating from October 2020, All Wikipedia articles in need of updating, Articles with empty sections from April 2015, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 21 June 2023, at 21:15. Explore, map, compare, and download U.S. data, The 3 largest ethnic groups in Juneau, AK, American Indian & Alaska Native (Non-Hispanic). Interstate trade consists of products and services shipped from Alaska to other states, or from other states to Alaska. In 2020, 64.6% of the housing units in Juneau, AK were occupied by their owner. She plans to depart in July, citing family medical issues. In 2020, the income inequality in Alaska was 0.435 according to the GINI calculation of the wage distribution. The report was penned by the Juneau Economic Development Council and covers data for 2021. The net migration rate can thus be used as a rough gauge of the desirability of a place for a point in time.. The average Economic Policy Analyst salary in Juneau, AK is $60,764 as of November 23, 2022, but the salary range typically falls between $53,442 and $69,657. diversify Juneau's economy. time, the harbor is filled with cruise ships bringing tourists from the State seeks contractor for work estimated to cost between $5-10 million. sector job is needed to supply the services required by the government Nearly half of Juneau's working population is employed by the Alaskas economic growth is at or near the bottom of states since 2015 due primarily to low oil prices, with a drop in the number of residents every year for the past decade and a lack of economic diversification among other serious concerns, according to a report released last week by the University of Alaska Center for Economic Development. 13: What Drives The Alaska Economy? force as of 2003. The largest universities in Juneau, AK by number of degrees awarded are University of Alaska Southeast (556 and 100%). Tempt your taste buds with pizza, or grab a panini. [15], Tourism in Alaska is the second-largest private sector employer, accounting for one in eight Alaskan jobs, nearly 2 million visitors, and $2.42 billion in direct visitor spending including labor income. The student population of Juneau, AK in 2020 is skewed towards women, with 682 male students and 1,388 female students. In 2020 there were 2,070 students enrolled in Juneau, AK, 32.9% men and 67.1% women. Though wind and hydroelectric power are abundant and underdeveloped, proposals for statewide energy systems (e.g. In 2019, the percentage of US citizens in Juneau, AK was 96.4%, meaning that the rate of citizenship has been increasing. The 2022 Edition of the Juneau & Southeast Alaska Economic Indicators (PDF) was developed by the Juneau Economic Development Council (JEDC), with the support of the City and Borough of Juneau and corporate partners, and is now available to the public. Through this and other research publications, the JEDC hopes to increase awareness and engage citizens in local and regional economic issues. Downtown Dining. 6.93% of the people in Juneau, AK are hispanic (2.22k people). Alaska's economic recovery lags behind most states. (University of Alaska Center for Economic Development). The following map shows all of the places in Juneau, AK colored by their Median Household Income (Total). Postal Service, and the U.S. As of 2020, 97% of Juneau, AK residents were US citizens, which is higher than the national average of 93.4%. From its initial principal of $734,000, the fund has grown to $40 billion as a result of oil royalties and capital investment programs. The following chart shows how the percent of uninsured individuals in Juneau, AK changed over time compared with the percent of individuals enrolled in various types of health insurance. processed fish, ore, forest products. In his 2015 state of the State address, Alaska Governor Bill Walker referred to the tourism industry as a "healthy and vital industry which showcases a dynamic partnership between private enterprise and state and local government, one that has the potential of limitless growth and contribution to our economic well-being.[18]. He feels empathy for his downtown neighbors who dont have the outdoor space to spread out and make guests feel more secure. JUNEAU. Alaska, meanwhile, had the highest average rate of any state (or DC) in 2017, 2018, and 2019, the study notes. Comments (0). Nearly 85 percent of the state budget is supplied by oil revenues. Postings do not necessarily represent the views of Northrim Bank. Juneau, AK | Data USA corporation for Southeast Alaska that serves 17,500 Tlingit and Haida Juneau Assembly OK's $50,000 for new city hall advocacy The chart underneath the paragraph shows the property taxes in Juneau, AK compared to it's parent and neighbor geographies. | In 2020, the most common birthplace for the foreign-born residents of Alaska was Philippines, the natal country of 19,548 Alaska residents, followed by Mexico with 3,665 and Korea with 3,499. of other services. This is expected to increase 63.4% to $68.3B by 2050. Research and Analysis Department of Labor - Alaska JUNEAU, Alaska (KTUU) - Southeast Alaska has seen the highest percentage of job losses in the state during the COVID-19 pandemic and three communities have filed for state disaster declarations for dismal salmon runs. Alaska Department of Labor and Workforce Development (2007). Coming March time, I was like, well, were going to see how this goes, he said. 3,450, leisure and hospitality: The homeownership rate in Juneau, AK is 64.6%, which is approximately the same as the national average of 64.4%. Manufacturing is limited, with most food and general goods imported from elsewhere. By joining the JEDC Investor Program, your organization will be recognized on all JEDC presentations, published materials, websites, and monthly newsletters. In 2020, the place with the highest Median Household Income (Total) in Juneau, AK was Census Tract 2 with a value of $98,264, followed by Census Tract 1 and Census Tract 3, with respective values of $96,707 and $95,779. (University of Alaska Center for Economic Development) interested in family, adventure, and environment-related activities. Using data and reports from its 2023 Economic Forecast, the Anchorage Economic Development Corporation created this video series examining the variables and trends influencing Anchorages economic sectors. Two of Alaska's 13 regional native Comments (0). Ocean warming will stress local marine ecosystems. Economic Information: Its really depressing.. As of June, fewer businesses in Southeast Alaska reported receiving federal COVID relief funds compared to distributions across the state. Many Alaskans fish the rivers during salmon season to gather significant quantities of their household diet while fishing for subsistence, sport, or both. 134.5 (U.S. average = 100.0), State income tax rate: Every year from now on, were going to be comparing it to 2020, Schijvens said. Programs include Alaska's economy depends heavily on increasingly expensive diesel fuel for heating, transportation, electric power and light. While some states had higher employment in 2020 and 2021, Alaskas overall rate of 6.5% between 2015 and 2021 is far above the national average of 5.1% and the second highest behind Nevada at 7.2%. With the average cost across all urban communities surveyed set at 100, Juneau's 2018 annual average composite score of 134.1 means that it is approximately one-third more expensive to live in Juneau than the average U.S. city, giving Juneau the highest cost of living among the four Alaskan communities surveyed. Median household income in Juneau, AK is $88,077. Levy is per $1,000 of assessed valuation; assessment ratio = 100% for Additional events will be held in Juneau, Sitka and Kodiak in the fall. It is estimated that for each government worker, one private Comments (0). Posted by Alaskanomics at 04:12 PM in Alaska's Economy | Permalink While not the cheapest, Juneau's cost of living is still lower than the state average and its median household income, at $84,750, is higher than the rest of Alaska, making it an attractive option for those looking to move. Agriculture represents only a very small fraction of the Alaskan economy. Leisure and hospitality grew the most at 2,600 jobs over the year and exceeded its pre-pandemic job levels. The Alaska House of Representatives chamber, photographed on Jan. 16, 2023 at the Alaska State Capitol in Juneau. | Large swaths of the Alaskan coastline offer wind and geothermal energy potential as well.[13]. organizes trade missions and promotions, and sponsors trade shows and October 6, 2021 by Kavitha George, Alaska Public Media. The Juneau Economic Development Council (JEDC) fosters a healthy and sustainable economic climate in Juneau and throughout Southeast Alaska. Commissioner's Office - Alaska Department of Commerce, Community, and Fuel cost can exceed $8.00 per gallon. 6.95% of the population for whom poverty status is determined in Juneau, AK (2.2k out of 31.6k people) live below the poverty line, a number that is lower than the national average of 12.8%. The largest share of households in Juneau, AK have 2 cars. Leisure and hospitality employment increased by 1,900 and transportation, warehousing and utilities added 1,000. Comments (0). In collaboration with other organizations, JEDC implements initiatives to maintain, expand, and create jobs and economic opportunities. The public sector was up over the year, led by local government, which includes public schools (+300). There are many guided activities that provide a way for visitors to access these experiences and for local and multi-national companies alike to conduct business. New report outlines Juneau's climate future, and what we can - KTOO The graph shows the evolution of awarded degrees by degrees. Manufacturing jobs had been almost nonexistent but that area has become a This issue of Trends focuses on spikes in the cost of living, and attributes a lot of that to. This visualization shows the gender distribution of the population according to the academic level reached. ", "Alaska Governor Bill Walker's 2015 State of the State Speech (Text and Video)", "Commercial Passenger Vessel Excise Tax Historical Overview", "Economic Impact of Alaska's Tourism Industry", "Economic Impacts and Contributions of Sportfishing in Alaska", "State of Alaska Permanent Fund Division". The drop-off that occurred between 2012 and 2013 has been attributed to the decline in the mining sector, specifically the oil and gas sectors, a consequence of declined production. 2023 Compare Cities Economy: Juneau, AK vs Nome, AK Change Cities. The industries with the best median earnings for men in 2020 are Agriculture, Forestry, Fishing & Hunting, & Mining ($80,938), Construction ($76,777), and Public Administration ($68,246). | One benefit we have had from oil is oil revenues been good the past couple of years and thats been good for our economy, he said. 250 positions for its 10 to 15 years of operation. The following chart shows US citizenship percentages in Juneau, AK compared to that of it's neighboring and parent geographies. completed allowing for the Kensington Gold Mine project to proceed. Juneau Alaska (KINY) - The 2022 Economic Indicator report for Juneau is out, providing a look at the average wage in Juneau, the median cost of a house, and overall employment in the capital city. In 2020, Juneau, AK had a population of 32.1k people with a median age of 38.5 and a median household income of $88,077. cruise ships bringing tourists to Juneau. Compare this to dentists who see 940 patients per year, and mental health providers who see 129 patients per year. Oil was discovered in Prudhoe Bay, on the arctic coast, in 1968. The PUMS dataset is not available at the Place level, so we are showing data for Alaska. But his optimism is about the future outlook based on current trends, including an unemployment rate of 3.5% during late summer (down from 12.2% in May of 2020), rising wages and a rebound in oil prices. | 2,050, trade, transportation, and utilities: Lingit Aani Kaa Kei Nas.ax Haa Yoo Xatangi. In February, the most recent month available, both had about one unemployed worker for every two job openings. JUNEAU, Alaska Februarys job count was up 2.5 percent from February 2022, an increase of 7,700 jobs. He opened up a little later than normal, and he was able to get a loan from the federal Paycheck Protection Program, which is helping him ride out the summer. The income inequality in Alaska (measured using the Gini index) is 0.435, which is lower than than the national average. KTOO provides a variety of public services throughout Alaska. Juneau Economic Development Council In 2020 in Juneau, AK, the percentage of applicants admitted was 63.5%, while the percentage of admitted who enrolled was 50%. Juneau Restaurants | Seafood, Craft Beer & Downtown Dining Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data. In 2020, 66.5% of workers in Juneau, AK drove alone to work, followed by those who carpooled to work (13%) and those who worked at home (7.74%). 36,250, construction and mining: At a special Assembly meeting Monday night, members authorized the city manager to spend $50,000 to provide . PDF Juneau: Alaska's Seat of Government Juneau Mailing Address. Over the same time, U.S. GDP grew by 12.8%. The closest comparable wage GINI for Juneau, AK is from Alaska. Overall, Alaska had 4,900 fewer jobs than in December 2019. Local government, which includes public schools, was up by 400 jobs and state government by 100 jobs. As of May 2021, there are 145M people employed in Alaska. and information to firms interested in foreign trade and investment, Goldbelt Inc., the urban He opened up a little later than normal, and he was able to get a loan from the federal Paycheck Protection Program, which is helping him ride out the summer. Its really hard. Transportation, responsible for most of the growth in that sector, and leisure and hospitality sustained some of the biggest losses during the pandemic, but the transportation, warehousing and utilities sector is now above pre-pandemic job levels and leisure and hospitality and professional and business services are close.

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