Report: Alaska's North Slope employment up

AP News
Posted: Jan 25, 2012 1:36 PM
Report: Alaska's North Slope employment up

A new report shows average annual employment on Alaska's North Slope at a 20-year high in 2010.

The report, commissioned by the Senate Finance Committee, looks at North Slope employment trends and work activity, and at nonresident workers in Alaska's oil and gas industry. It was conducted by the McDowell Group, and released this week.

It comes amid debate on whether Alaska should change its oil tax regime to boost oil production and investment. The report doesn't address any possible impact that the tax, passed in 2007, has had on hiring.

It shows average annual North Slope employment of 8,445 in 2010, the most recent full-year payroll data.

Job growth has occurred amid declining production. The report says high oil prices and investment in existing infrastructure are the main drivers.