02-12 a Better Decade For Alaskan Wages Than 90′s

Posted: April 11, 2014 at 5:31 pm

In the past decade, Alaskan wages have grown an average of 12 percent. The previous decade (1990-2000), wages fell by 8 percent, then rose by 5 percent, resulting in a net drop in wages.

 

In a March report, the Department of Labor says the drop in income was due to difficulties faced by oil and timber companies. As their business opportunities stalled, they shed workers, while lower-paying retail jobs were on the rise.

 

The recent rebound in oil and gas has helped push wages back up. Alaska’s best years for per capita income were in the 1970′s, when an influx of single men with no dependents were earning “fat paychecks from oil pipeline construction.” We’re seeing a return to those conditions as oil and gas jobs are paying nearly three times the state average.

 

 

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One Comment to “02-12 a Better Decade For Alaskan Wages Than 90′s”

  • jimmy says:

    In the past decade oil and gas jobs have grown under ACES, reaching record levels.

    Yes, record employment levels under a tax structure that Parnell and Majority legislators say didn’t work.

    They killed that tax structure with SB 21, which gives 20 billion dollars to the largest oil corporations no strings attached. They said it would increase production by a million barrels a day. Then the oil companies released their production estimates and those reports show a continuing steady decline. No surprise, Parnell and his bunch were lying. And all the ads promoting SB 21 are lying.

    The state released their own production reports, and even the state reports show a continued decline. Not what you’ll hear from the lying advertising campaigns, they’ll say everything is great.

    And it is great for those oil corporations, they”ve already gotten a couple of billion dollars for nothing, plunging Alaska into deficit spending because of the lost revenue.

    Parnell and the Republican majority legislators are selling you out to the oil companies.

    The old tax structure that increased independent exploration is now gone, that’s what drove increased wages. Now that the majors control Alaska state government, independents will be shunted aside and the future is only good for the oil majors. They get billions for free.

    Alaskans get lies and they got scammed out of their own resources.

    Vote yes to repeal SB 21. Take back our oil. Vote Parnell and the Republicans out of office. Take back our government.