Growth forecast.

PositionEmployment

Growth Forecast. Overall Alaska's wage and salary employment is forecast to grow 2.9 percent annually through 1992, according to the May 1991 Alaska Economic Trends report published by the Alaska Department of Labor. Expected to lead employment growth are the construction and mining industries, whose increases will be largely related to oil and gas industry activity in Alaska, and the trade and services industries. The report's projections are based on North Slope crude oil prices ranging from $14 to $17 per barrel.

Tempering the growth rate are anticipated declines in two sectors. Federal and state government employment may experience very slight decreases, because of the 1991 elimination of federal...

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