#amp-mobile-version-switcher{left:0;position:absolute;width:100%;z-index:100}#amp-mobile-version-switcher>a{background-color:#444;border:0;color:#eaeaea;display:block;font-family:-apple-system,BlinkMacSystemFont,Segoe UI,Roboto,Oxygen-Sans,Ubuntu,Cantarell,Helvetica Neue,sans-serif;font-size:16px;font-weight:600;padding:15px 0;text-align:center;-webkit-text-decoration:none;text-decoration:none}#amp-mobile-version-switcher>a:active,#amp-mobile-version-switcher>a:focus,#amp-mobile-version-switcher>a:hover{-webkit-text-decoration:underline;text-decoration:underline}:where(.wp-block-button__link){border-radius:9999px;box-shadow:none;padding:calc(.667em + 2px) calc(1.333em + 2px);text-decoration:none}:root :where(.wp-block-button .wp-block-button__link.is-style-outline),:root :where(.wp-block-button.is-style-outline>.wp-block-button__link){border:2px solid;padding:.667em 1.333em}:root :where(.wp-block-button .wp-block-button__link.is-style-outline:not(.has-text-color)),:root :where(.wp-block-button.is-style-outline>.wp-block-button__link:not(.has-text-color)){color:currentColor}:root :where(.wp-block-button .wp-block-button__link.is-style-outline:not(.has-background)),:root :where(.wp-block-button.is-style-outline>.wp-block-button__link:not(.has-background)){background-color:initial;background-image:none}:where(.wp-block-columns){margin-bottom:1.75em}:where(.wp-block-columns.has-background){padding:1.25em 2.375em}:where(.wp-block-post-comments input[type=submit]){border:none}:where(.wp-block-cover-image:not(.has-text-color)),:where(.wp-block-cover:not(.has-text-color)){color:#fff}:where(.wp-block-cover-image.is-light:not(.has-text-color)),:where(.wp-block-cover.is-light:not(.has-text-color)){color:#000}:root :where(.wp-block-cover h1:not(.has-text-color)),:root :where(.wp-block-cover h2:not(.has-text-color)),:root :where(.wp-block-cover h3:not(.has-text-color)),:root :where(.wp-block-cover h4:not(.has-text-color)),:root :where(.wp-block-cover h5:not(.has-text-color)),:root :where(.wp-block-cover h6:not(.has-text-color)),:root :where(.wp-block-cover p:not(.has-text-color)){color:inherit}:where(.wp-block-file){margin-bottom:1.5em}:where(.wp-block-file__button){border-radius:2em;display:inline-block;padding:.5em 1em}:where(.wp-block-file__button):is(a):active,:where(.wp-block-file__button):is(a):focus,:where(.wp-block-file__button):is(a):hover,:where(.wp-block-file__button):is(a):visited{box-shadow:none;color:#fff;opacity:.85;text-decoration:none}:where(.wp-block-group.wp-block-group-is-layout-constrained){position:relative}@keyframes show-content-image{0%{visibility:hidden}99%{visibility:hidden}to{visibility:visible}}@keyframes turn-on-visibility{0%{opacity:0}to{opacity:1}}@keyframes turn-off-visibility{0%{opacity:1;visibility:visible}99%{opacity:0;visibility:visible}to{opacity:0;visibility:hidden}}@keyframes lightbox-zoom-in{0%{transform:translate(calc(( -100vw + var(--wp--lightbox-scrollbar-width) ) / 2 + var(--wp--lightbox-initial-left-position)),calc(-50vh + var(--wp--lightbox-initial-top-position))) scale(var(--wp--lightbox-scale))}to{transform:translate(-50%,-50%) scale(1)}}@keyframes lightbox-zoom-out{0%{transform:translate(-50%,-50%) scale(1);visibility:visible}99%{visibility:visible}to{transform:translate(calc(( -100vw + var(--wp--lightbox-scrollbar-width) ) / 2 + var(--wp--lightbox-initial-left-position)),calc(-50vh + var(--wp--lightbox-initial-top-position))) scale(var(--wp--lightbox-scale));visibility:hidden}}:where(.wp-block-latest-comments:not([data-amp-original-style*=line-height] .wp-block-latest-comments__comment)){line-height:1.1}:where(.wp-block-latest-comments:not([data-amp-original-style*=line-height] .wp-block-latest-comments__comment-excerpt p)){line-height:1.8}:root :where(.wp-block-latest-posts.is-grid){padding:0}:root :where(.wp-block-latest-posts.wp-block-latest-posts__list){padding-left:0}:root :where(.wp-block-list.has-background){padding:1.25em 2.375em}:where(.wp-block-navigation.has-background .wp-block-navigation-item a:not(.wp-element-button)),:where(.wp-block-navigation.has-background .wp-block-navigation-submenu a:not(.wp-element-button)){padding:.5em 1em}:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-navigation-item a:not(.wp-element-button)),:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-navigation-submenu a:not(.wp-element-button)),:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-navigation-submenu button.wp-block-navigation-item__content),:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-pages-list__item button.wp-block-navigation-item__content){padding:.5em 1em}@keyframes overlay-menu__fade-in-animation{0%{opacity:0;transform:translateY(.5em)}to{opacity:1;transform:translateY(0)}}:root :where(p.has-background){padding:1.25em 2.375em}:where(p.has-text-color:not(.has-link-color)) a{color:inherit}:where(.wp-block-post-excerpt){box-sizing:border-box;margin-bottom:var(--wp--style--block-gap);margin-top:var(--wp--style--block-gap)}:where(.wp-block-preformatted.has-background){padding:1.25em 2.375em}:where(.wp-block-search__button){border:1px solid #ccc;padding:6px 10px}:where(.wp-block-search__input){font-family:inherit;font-size:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;line-height:inherit;text-transform:inherit}:where(.wp-block-search__button-inside .wp-block-search__inside-wrapper){border:1px solid #949494;box-sizing:border-box;padding:4px}:where(.wp-block-search__button-inside .wp-block-search__inside-wrapper) :where(.wp-block-search__button){padding:4px 8px}:root :where(.wp-block-separator.is-style-dots){height:auto;line-height:1;text-align:center}:root :where(.wp-block-separator.is-style-dots):before{color:currentColor;content:"···";font-family:serif;font-size:1.5em;letter-spacing:2em;padding-left:2em}:root :where(.wp-block-site-logo.is-style-rounded){border-radius:9999px}:root :where(.wp-block-social-links .wp-social-link a){padding:.25em}:root :where(.wp-block-social-links.is-style-logos-only .wp-social-link a){padding:0}:root :where(.wp-block-social-links.is-style-pill-shape .wp-social-link a){padding-left:.66667em;padding-right:.66667em}:root :where(.wp-block-tag-cloud.is-style-outline){display:flex;flex-wrap:wrap;gap:1ch}:root :where(.wp-block-tag-cloud.is-style-outline a){border:1px solid;margin-right:0;padding:1ch 2ch}:root :where(.wp-block-tag-cloud.is-style-outline a):not(#_#_#_#_#_#_#_#_){font-size:unset;text-decoration:none}:root :where(.wp-block-table-of-contents){box-sizing:border-box}:where(.wp-block-term-description){box-sizing:border-box;margin-bottom:var(--wp--style--block-gap);margin-top:var(--wp--style--block-gap)}:where(pre.wp-block-verse){font-family:inherit}:root{--wp--preset--font-size--normal:16px;--wp--preset--font-size--huge:42px}html :where(.has-border-color){border-style:solid}html :where([data-amp-original-style*=border-top-color]){border-top-style:solid}html :where([data-amp-original-style*=border-right-color]){border-right-style:solid}html :where([data-amp-original-style*=border-bottom-color]){border-bottom-style:solid}html :where([data-amp-original-style*=border-left-color]){border-left-style:solid}html :where([data-amp-original-style*=border-width]){border-style:solid}html :where([data-amp-original-style*=border-top-width]){border-top-style:solid}html :where([data-amp-original-style*=border-right-width]){border-right-style:solid}html :where([data-amp-original-style*=border-bottom-width]){border-bottom-style:solid}html :where([data-amp-original-style*=border-left-width]){border-left-style:solid}html :where(amp-img[class*=wp-image-]),html :where(amp-anim[class*=wp-image-]){height:auto;max-width:100%}:where(figure){margin:0 0 1em}html :where(.is-position-sticky){--wp-admin--admin-bar--position-offset:var(--wp-admin--admin-bar--height,0px)}@media screen and (max-width:600px){html :where(.is-position-sticky){--wp-admin--admin-bar--position-offset:0px}}:root :where(.wp-block-image figcaption){color:#555;font-size:13px;text-align:center}:where(.wp-block-group.has-background){padding:1.25em 2.375em}:root :where(.wp-block-template-part.has-background){margin-bottom:0;margin-top:0;padding:1.25em 2.375em}amp-img.amp-wp-enforced-sizes{object-fit:contain}amp-img img,amp-img noscript{image-rendering:inherit;object-fit:inherit;object-position:inherit}.amp-wp-enforced-sizes{max-width:100%;margin:0 auto}html{background:#0a5f85}body{background:#fff;color:#353535;font-family:Georgia,"Times New Roman",Times,Serif;font-weight:300;line-height:1.75}p,figure{margin:0 0 1em;padding:0}a,a:visited{color:#0a5f85}a:hover,a:active,a:focus{color:#353535}.amp-wp-meta,.amp-wp-header div,.amp-wp-title,.amp-wp-tax-category,.amp-wp-footer p,.back-to-top{font-family:-apple-system,BlinkMacSystemFont,"Segoe UI","Roboto","Oxygen-Sans","Ubuntu","Cantarell","Helvetica Neue",sans-serif}.amp-wp-header{background-color:#0a5f85}.amp-wp-header div{color:#fff;font-size:1em;font-weight:400;margin:0 auto;max-width:calc(840px - 32px);padding:.875em 16px;position:relative}.amp-wp-header a{color:#fff;text-decoration:none}.amp-wp-header .amp-wp-site-icon{background-color:#fff;border:1px solid #fff;border-radius:50%;position:absolute;right:18px;top:10px}.amp-wp-article{color:#353535;font-weight:400;margin:1.5em auto;max-width:840px;overflow-wrap:break-word;word-wrap:break-word}.amp-wp-article-header{align-items:center;align-content:stretch;display:flex;flex-wrap:wrap;justify-content:space-between;margin:1.5em 16px 0}.amp-wp-title{color:#353535;display:block;flex:1 0 100%;font-weight:900;margin:0 0 .625em;width:100%}.amp-wp-meta{color:#696969;display:inline-block;flex:2 1 50%;font-size:.875em;line-height:1.5em;margin:0 0 1.5em;padding:0}.amp-wp-article-header .amp-wp-meta:last-of-type{text-align:right}.amp-wp-article-header .amp-wp-meta:first-of-type{text-align:left}.amp-wp-byline amp-img,.amp-wp-byline .amp-wp-author{display:inline-block;vertical-align:middle}.amp-wp-byline amp-img{border:1px solid #0a5f85;border-radius:50%;position:relative;margin-right:6px}.amp-wp-posted-on{text-align:right}.amp-wp-article-featured-image{margin:0 0 1em}.amp-wp-article-featured-image img:not(amp-img){max-width:100%;height:auto;margin:0 auto}.amp-wp-article-featured-image amp-img{margin:0 auto}.amp-wp-article-content{margin:0 16px}.amp-wp-article-content .wp-caption{max-width:100%}.amp-wp-article-content amp-img{margin:0 auto}.wp-caption{padding:0}.amp-wp-article-footer .amp-wp-meta{display:block}.amp-wp-tax-category{color:#696969;font-size:.875em;line-height:1.5em;margin:1.5em 16px}.amp-wp-footer{border-top:1px solid #c2c2c2;margin:calc(1.5em - 1px) 0 0}.amp-wp-footer div{margin:0 auto;max-width:calc(840px - 32px);padding:1.25em 16px 1.25em;position:relative}.amp-wp-footer h2{font-size:1em;line-height:1.375em;margin:0 0 .5em}.amp-wp-footer p{color:#696969;font-size:.8em;line-height:1.5em;margin:0 85px 0 0}.amp-wp-footer a{text-decoration:none}.back-to-top{bottom:1.275em;font-size:.8em;font-weight:600;line-height:2em;position:absolute;right:16px}.amp-wp-9f55261:not(#_#_#_#_#_){background-color:#0866ff}.amp-wp-0288613:not(#_#_#_#_#_){background-color:#1a1a1a}.amp-wp-1b3bec2:not(#_#_#_#_#_){background-color:#007bb5}.amp-wp-ce7eb4c:not(#_#_#_#_#_){background-color:#888990} /*# sourceURL=amp-custom.css */KPEDD Optimistic In Local Economy As Oil Prices Rise - Radio Kenai

KPEDD Optimistic In Local Economy As Oil Prices Rise

KSRM News Desk

7 years ago

*This story was updated to correct 2018’s most recent Kenai Peninsula Borough regional unemployment rate at 5.8 percent, not nine percent.*

The Kenai Peninsula Economic Development Division recently released their two-page snapshot of 2017’s economy compared to 2016’s and the numbers are looking good.

According to the KPEDD’s two-page report on 2017, business sales last year totalled $3.6 billion, up six percent compared to 2016 which “broke a two-year cycle of decline.”

Dillon says there are also current indications that people are more confident in the local economy as oil prices rise.

Dillon: “We have seen All-American Oil, we’ve had a steady stream of people in there for the last two-weeks because they have an additional two-projects that they’re gearing up for right now. And you wind up with a trickle down with that. That means that the driving school has had more people trying to get their CDL’s, the Petroleum Academy has had people in there making sure their Hazwopers and their confined spaces and all the other certifications are done.”

According to the Alaska Department of Labor and Workforce Development, the most recent Kenai Peninsula Borough Regional unemployment rate was 5.8 percent in August.

Dillon says the local unemployment rate may soon improve again as local retail stores begin hiring to prepare for the holiday season.

Figures from the Alaska Department of Labor and Workforce Development showed the Kenai Peninsula Borough’s unemployment rate between 10.1 and 10.3 percent in the beginning of 2018. As per usual, with this summer’s seasonal jobs the unemployment rate fluctuated between 7.1 and 5.8 percent.

2018 S&P Kenai Peninsula Borough Summary (1)

Exit mobile version