economy

The Kenai Peninsula sees an influx of snowbirds in the spring and summer months. For area senior centers, that means an increase in clientele and donations.

This year, the minimum wage is going up twice. On July 1, it’s jumping by more than a dollar – to $13 per hour.

Next week will mark two years since voters on the central Kenai Peninsula overwhelmingly supported three large bond initiatives on the Oct. 4, 2022 municipal ballot.

Kara Moriarty is the association’s president and chief executive officer. She said oil and gas production is up from where it was expected to be at this time ten years ago.

The two companies on Wednesday published a list of almost 600 stores they plan to divest, including 18 in Alaska.

The Kenai Peninsula Economic Development District, or KPEDD, is asking for feedback on an update to their comprehensive economic development strategy for the borough.

The Kenai Peninsula Economic Development District will host a meet-and-greet with local lending institutions this Friday. The informal event will help foster a relationship between lenders and local businesses.

Despite the seasonal change, garage and estate sales are still in full swing. Each weekend, folks across the peninsula stroll through strangers homes to scout the best bargains on secondhand goods.

Economist Neal Fried says Alaska's historically high wage rate is losing its advantage above those of other states due to a few reasons. That high wage rate has, in the past, been an attractant to the state.