labor market

Alaska’s Minimum Wage Surge: Unveiling its Amplified Impact on Salaries

Rose Nov 28, 2023

Alaska is gearing up for a minimum wage increase in 2024, with the hourly rate set to rise to $11.73. This adjustment, mandated by a 2014 voter-approved statute, aims to keep pace with inflation, tying the minimum wage to consumer prices in…

Labor Department reports lower available positions amid rising layoffs

Rose Mar 10, 2023

Despite a minor decrease in job opportunities in January, the labor market remained tight, as evidenced by the vast gap between available workers and unfilled positions. Approximately 10.824 million positions are available, down around…

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