Report portrays mixed picture of Alaska’s huge seafood industry

The report from the McKinley Research Group, titled The Economic Value of Alaska’s Seafood Industry, is the latest in a periodic series commissioned by the Alaska Seafood Marketing Institute. The total economic value of the Alaska seafood industry in 2021 and 2022 was $6 billion, slightly more than the $5.6 billion tallied in 2019, the last full year prior to the COVID-19 pandemic, according to the new report and the previous version published in 2022. Along with that good news, the McKinley Research Group’s report contains a warning about the industry’s economic future. The seafood industry, between harvesters, processors and managers, accounted for 48,000 jobs on average in 2021 and 2022, equivalent to 29,100 full-time positions, the report said. That is a reduction from the 62,200 total jobs in 2019, the equivalent of 37,400 full-time positions. more, >>CLICK TO READ<< 11:21

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