The oil sector had a roller coaster ride during the development of the novel coronavirus pandemic, which took the bottom out of global oil demand in early 2020. The COVID-19 pandemic absolutely crushed Alaska’s oil industry, and it is still struggling to find its feet despite soaring crude prices. While employment levels are creeping up across the country, Alaska’s oil-dependent economy is still desperate for new jobs. As the United States slowly begins to recover from the economic low-point of the pandemic, some states are getting left behind . Jobs numbers are creeping up around the country, but five states — Alaska, Hawaii, Wyoming, New Mexico and Louisiana — have not yet recovered more than half of the jobs lost over the course of the pandemic according to a recent report from Fitch Ratings based on data gathered in August. Notably, of these five states, Hawaii is the only […]