JUNEAU, Alaska — Alaska’s March employment was down 6.9 percent from March 2020 — a loss of 21,900 jobs — as the pandemic continued to keep job counts well below year-ago levels. March data marks the last time we can compare a current month to a comparatively healthy pre-pandemic month. Massive job losses hit in […]
HOMER, AK — As Alaska struggles with a historic fiscal crisis – and as the mining industry seeks to position itself as an economic engine for Alaska – a new report concludes that increased hard rock mining cannot fill the gap left by waning petroleum revenues. The report – entitled “The Role of Metal Mining […]
“We’re going to be aggressively buying back, and consistently,” said Morgan Stanley chief executive James Gorman. For millions of regular Americans, the end of 2020 was marked by economic distress, with millions suffering pandemic-triggered job losses—and thus the loss of their employer-tied health insurance—still waiting on robust economic relief from federal lawmakers, and facing a weak social safety net. For the nation’s biggest banks, […]
U.S. President-elect Joe Biden unveiled a coronavirus response plan Thursday evening, emphasizing the urgency of passing legislation to help Americans through the pandemic and the economic crisis it has wrought. “During this pandemic, millions of Americans, through no fault of their own, have lost the dignity and respect that comes with a paycheck,” Biden said […]