Why is there a shortage of new college graduates in Alaska?
An increasing number of students are flocking to Alaska, despite a shortage in the state’s workforce, and the state is looking to fill that gap.
The state’s population is projected to reach 4.6 million by 2040, a number that includes more than 1 million people who are students, according to the Alaska Department of Labor and Industries.
It also includes a growing population of older adults who are retiring, and a growing number of those who are nearing retirement.
The lack of young people means there is a shortage and that’s making it harder for Alaskans to graduate and land a job.
But the number of college graduates is also rising and that is creating an opportunity for those who aren’t in the workforce to fill the void.
In recent years, Alaska has been a leader in attracting more graduates from the state.
The state’s graduation rate is higher than all but six other states, according the Bureau of Labor Statistics.
Alaskan schools, universities and colleges have seen a dramatic rise in students as they have increased their offerings.
In 2013, the Alaska College of the Arts opened its doors and offered degrees in music, acting, and dance.
In 2016, the University of Alaska Anchorage added an online degree in acting and film production, and in 2017, the university became the first school in the U.S. to offer a degree in social media.
More: The state has more than 6 million residents.
But with a growing economy and more young people entering the workforce, Alaskas population is expected to double by 2026.
A growing number Of graduates are choosing to stay in Alaska because of the high salary opportunities, said Dan Poynter, the dean of the School of Business at Alaska State University.
“There’s a lot of people that are going to stay here and have the highest pay in the world,” he said.
Poyner said he would not rule out the possibility that Alaskamans could have a future of more high-paying jobs.
But he believes that it will take more than the state providing more education and training for those graduating.
“I think it will be a long process,” he told ABC News.
“It will be hard to create the type of jobs that people need.”
He said it would be difficult to find enough jobs to keep up with the demand for new college students in Alaska.
“We don’t have the same demand for students in this state that we do elsewhere, so it’s hard to recruit from other places, and we don’t really have that advantage in terms of being able to hire them here,” Poynet said.
“There’s no doubt that there are some of the jobs that could be done in Alaska that could pay enough to sustain those graduates for a while,” he added.
Poynternet said he thinks the state will be able to attract enough graduates in the future to create a skilled workforce that can meet the needs of the economy.
He said he hopes to see Alaskacans in the office by 2027, but that is a long time away.