Oil prices have been relatively high, and companies have more money to spend, but that hasn't translated to a strong rebound for Alaska oil and gas jobs.
Cook Inlet oil platforms are visible from shore on Dec. 13, 2016 near Kenai, Alaska. report from the Alaska Department of LaborJobs have been slow to recover across many industries since the COVID-19 pandemic began. The report said Alaska lost about 26,270 jobs in 2020.in the Kenai Peninsula Borough, according a 2021 report from the Kenai Peninsula Economic Development District — is having an especially hard time bouncing back.
He said that’s partly because the state’s industry is very project oriented. There’s often a longer lag time between changes in oil prices and new investment than there may be elsewhere. , those projects often create temporary jobs, not permanent ones, according to the department’s report.
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