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Tribune News Service
Tribune News Service
Business
Alex DeMarban

Alaska continues to lose ground on wages compared with other states, though pay is still high

The "legendary" wages that once coaxed people to Alaska have continued to shrink compared to the rest of the U.S., due partly to a statewide recession before the pandemic and a slow recovery after it, according to a new report from the Alaska Department of Labor and Workforce Development.

Alaska's average wages still outperform the rest of the country, said economist Neal Fried, writing in the agency's latest publication of Alaska Economic Trends.

They placed eighth nationally last year at $30.52 an hour, behind Maryland, about $2.50 above the national average.

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