ANCHORAGE, Alaska — The Anchorage Economic Development Corporation is forecasting higher employment numbers for the city.
Last year, Anchorage saw employment numbers fall for the first time since 1988. The drop was small compared to the rest of the country, but it was still a drop.
At an annual investor luncheon Wednesday, the AEDC revealed a mid-year update on the Anchorage economy and said we can expect a turn for the best. The AEDC expects more jobs in Anchorage for the next three years.
This comes after a dip in employment last year where Anchorage lost 900 jobs, but, according to the AEDC, if you put the numbers in perspective that's minor compared to the rest of the country.
The national job loss was 4.3 percent last year compared to less than a one percent loss for Anchorage.
"What will be interesting is if the economy starts to pick up, what will Anchorage do? Will it get its share of the new growth or will it not? Right now, we see that a lot of the resource rich areas are holding up much better than either of the coasts," said Joel Kotkin, author and Forbes columnist.