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Valdez Socioeconomic Indicators Report- Workforce and Earnings

Source: Valdez Socioeconomic Indicators Report, Executive Summary

Total annual work-related earnings in the City of Valdez are $135.3 million (not including enlisted USCG), generated by:

– 182 firms that in 2014 collectively employed 2,144 people (average annual), whose wages totaled $119.9 million (89% of all work related earnings).

– 336 nonemployer businesses (generally self-employed and small business proprietors) in 2013 whose income was $15.5 million (11% of all work related earnings).

Between 2004 and 2014, total employment wages increased from $94.9 million to $119.9 million (26%). However, measured in inflation adjusted dollars, total employment wages in Valdez are slightly below the level needed to have kept pace with

 

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