Record Exodus: Why People Are Leaving Alaska

More people left Alaska last year than they have in decades, with net migration out of the state at its highest point in the past quarter-century . . .

The departures don’t appear to be caused by the state’s current financial problems because they came before oil prices dropped, Department of Labor economist Neal Fried said. “When those numbers were put together, we thought $100 oil was normal,” Fried said, referring to the per-barrel price . . .

The migration likely has more to do with improving employment opportunities in the Lower 48, Fried said. People historically come to Alaska when the rest of the U.S. is struggling with unemployment, he said. (Read more from “Record Exodus: Why People Are Leaving Alaska” HERE)

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