07/08/11 - 7:47am
FAIRBANKS — Life and the economy overall are steady in the Interior city. And that’s a good thing in these uncertain times.
Jobs are stable, though retail is down a bit because of the overseas deployment of Fort Wainwright soldiers. North Slope work is also down for Fairbanks area-contractors and unions. Still, the twin pillars of the region’s economy, the military and the University of Alaska, are stable.
The problem is energy. It is getting so expensive that it’s increasingly tough for people to live in Fairbanks, local people say, despite the good employment situation.