Nearly $60M for Small Business Credit Initiative
The Alaska Small Business Development Center will direct a pool of federal cash toward private sector lenders to support entrepreneurs.
Government
More Than $1M Bid on Farm Tracts Near Nenana
A special agricultural land auction near Nenana is the first phase of the state’s attempt to bring more farming to the 140,000-acre Nenana-Totchaket area.
Inflation Pushes Minimum Wage Up by $0.51 for 2023
High inflation in 2022 means higher pay in 2023. Thanks to an automatic adjustment, the state minimum wage is rising from $10.34 per hour to $10.85.
Unemployment Down, Most Sectors See Year-Over-Year Job Increases
Alaska’s unemployment rate dropped as summer ended to 4.4 percent in September, down two-tenths from the revised rate for August.
Women’s Business Center Opens in Anchorage
The US Small Business Administration cut the ribbon on a Women’s Business Center in Anchorage, extending the network to all fifty states and Puerto Rico.
Federal Grant to Hire More Anchorage Firefighters
A nearly $10 million federal grant lets the Municipality of Anchorage hire eighteen new firefighters and covers their pay for three years.