News Formal

Increase of 500 jobs forecasted for Fairbanks job market

  • 📰 KTVF11
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Manh Choh Mine and federal funds expected to provide employment boost in the Fairbanks North Star Borough.

FAIRBANKS, Alaska - The Alaska Dept. of Labor has released a forecast for jobs in 2024. For the Fairbanks North Star Borough the forecast is promising albeit small with an anticipated increase of 1.4%. This would mean an addition 500 jobs in theory.

In 2023 the borough averaged about 37,000 jobs with 2024 likely to rise to 37,500. About 27,200 of those jobs belonging to the private sector. The biggest drivers in the growing job market include the Manh Choh Mine and an influx of federal funds meant for infrastructure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 267. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Today: S&P 500 closes at record as unprecedented 5,000 level in focusStock Market Today: S&P 500 closes at record as unprecedented 5,000 level in focus
Source: Investingcom - 🏆 450. / 53 Read more »