Continuing on the Recovery Summer and Stimulus: State by StateAMP, we head to Alaska.
Quick Alaska facts:
The employment trend in Alaska is better than most states. While the trend in 2009 was downward, 2010 has seen an astronomical upward trend that has started to come back to Earth by mid-summer of 2010. (Source: Bureau of Labor Statistics)
Alaska has received nearly $2 billion in “stimulus” monies. While most states with a similar sized population received much less, Alaska has been sustaining its employment situation on government life support. Alaska is also one of the most heavily subsidized states in the union. Further, even while the employment rate is up, the unemployment rate has also increased.
Read more on Recovery Summer and the Stimulus Effects on States.
*: The number of jobs created/saved conflicts with other government sources on Recovery.gov. This number was pulled from the latest figured offered on Recovery.gov