
KEDC UPDATES

Alaska Aquaculture Update
The Alaska Department of Labor & Workforce Development released the December 2023 issue of Alaska Economic Trends which takes a comprehensive look at the growing aquaculture industry in Alaska.

October 2023 jobs up 2.1%
October’s statewide job count was up by 6,500, or 2.1 percent, from October 2022. Health care added 1,400 jobs, with the strongest growth in hospitals. Leisure and hospitality was up by 1,000 jobs over the year, with most growth in restaurants and bars. Professional and business services added 700 jobs, and the transportation, warehousing and utilities sector and mining (which includes oil and gas) both added 600.

KEDC on KMXT
KMXT invited KEDC to discuss the Storefront Improvement Program on Talk of The Rock. During the informative conversation topics ranging from the SIP matching grant program to Community Land Trust, Workforce Development, Career Expo 2024, and the Coast Guard Expansion were part of the interview.

September Jobs Increased From 1 Year Ago
September’s statewide job count was up by 6,600, or 2.0 percent, from September 2022 according to date released from the Department of Labor and Workforce Development .

City of Kodiak and KANA partner with KEDC for Storefront Improvement Program
Kodiak Economic Development Corporation (KEDC), in partnership with the Kodiak Area Native Association (KANA), and the City of Kodiak, has developed the Storefront Improvement Program (SIP) to help continue to revitalize Kodiak’sDowntown by creating a matching grant program for Downtown businesses.

USCG Base Kodiak
With a Coast Guard expansion set to happen over the course of the next three years, Kodiak will welcome a possible addition of up to 1,000 new residents to the island. Currently there are approximately 2500 active duty and dependents stationed in Kodiak.

Kodiak Fishing Industry
Consistently ranked as one of the nation's top fishing ports by volume and product value, Kodiak is a key player in anything related to fisheries.