Alaska’s 21-year streak of job growth ended in 2009. It was a good run, especially for an economy that earned a boom-and-bust reputation during the eventful 1970s and 1980s.
Over the course of the 21-year span that began in 1988, the state chugged right through two national recessions – one in the early 1990s and another in 2001 – without suffering a serious setback in terms of job losses. Boom-and-bust Alaska had become old-reliable Alaska.
January 2010 Trends |