Economist predicts solid job growth for Alaska

Posted: Friday, October 27, 2000

ANCHORAGE (AP) -- An economist based in Utah predicts the Alaska economy will add 7,000 new jobs this year.

That's nearly twice the average of the previous five years.

Jeff Thredgold, a consultant to Key Bank Alaska, made the comments in a recent newsletter.

Thredgold predicted Alaska will add a similar number of jobs for two more years. He said the jobs will be spread among most of the major industry sectors.

Thredgold also said Alaska's business climate has become more competitive. He said the state's cost of doing business is estimated at 99 percent of the national average, with Anchorage at 92 percent.

Earlier studies had Alaska business costs pegged well above the national average.

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