Alaska

  • Project Labor Agreements

    No state policy, but PLAs are required on local projects, including in the municipality of Anchorage.

  • Prevailing Wage

    Yes; $25,000.

  • Right to Work

    No.

  • Public-Private Partnerships

    No statute expressly prohibits or authorizes use on horizontal or vertical projects.

  • Workforce Development Incentives

    Current labor supply satisfies 79% of peak labor demand.

    State offered in $0 grants and incentives for workforce preparation and development in 2021.

  • Career and Technical Education

    78% of CTE high school graduates are placed in colleges or careers.

    Alaska does not recognize NCCER as an approved curriculum for CTE programs.

     

  • Job Growth Rate

    0.4%.

Monthly Unemployment Rate in Alaska

Please see ABC's state-by-state construction unemployment data here.

Industry Overview

Prompt Pay

Private: No law in place.
Public: 30 days after payment request, interest at 10.5% per year starting 3 weeks after payment is due.
Subs: Payment must be made to subs and from subs to lower tiers within 8 business days.

Immigration/E-Verify Mandate

No law in place.

Percentage of State GDP From Nonresidential Construction

3.7%.

Incidence Rate

0.6

Occupational Safety & Health Oversight (State vs. Federal)

State plan covers private workplaces and state and local government workplaces.

Percentage of Union Membership in Private Construction

23.6%.

Marijuana Legalization Status

Legalized for medicinal and personal use. Available in limited retail settings.

Business Facts

Minimum Wage

$10.34

Percentage of Pensions Funded

67.4%

Effective Real-Estate Tax Rate

0.98%

Corporate Income Tax Rate(s)

9.4%

State and Local Public Construction Expenditures (in millions)

$1,204