Neal Fried, an economist for the State of Alaska, says the number of employees working on the North Slope are back down to the numbers of employees working there in 2005. There’s no recovery yet, as it takes longer in Alaska than in other oil-producing regions, he said.
Fried was a presenter at the opening of the Alaska Resource Development Council’s annual meeting, which is being held via teleconference this year.
Fried also said that last year, Alaska experienced deflation, but this year has experienced record inflation.
