Saving Seafood

ALASKA: Alaska fishing industry sees nearly 7,000 job cuts

October 25, 2024 — The Alaska fishing industry, long regarded as an economic engine and cultural cornerstone, is grappling with steep financial losses and structural challenges. A recent Alaska Seafood Snapshot economic report by NOAA Fisheries underscores the scale of the crisis, showing that the state’s seafood sector has been hit with nearly 7,000 lost jobs, shrinking profitability, and a $1.8 billion decline in revenues between 2022 and 2023.

The report is based on ex-vessel landings, processed products, and wholesale revenue data through 2022, alongside statistical projections for 2023. Analysts also spoke with fishermen, processors, and community members to better capture the social impacts of the downturn. While this report focuses on the commercial fishing sector, NOAA noted that future studies may explore the broader effects on recreational and subsistence fisheries.

As Robert Foy, director of the Alaska Fisheries Science Center stated in a press release, “The social and economic ramifications of Alaska’s losses have reverberated down the West Coast and across the country.”

Read the full article at the National Fisherman

ALASKA: Alaska salmon fishers fume over low prices, but processors say they’re hurting too

July 23, 2023 — A few times this summer, Jared Danielson, who fishes for salmon on the Alaska Peninsula, found himself fighting back tears in his bunk.

Aboard the F/V Five Star, his boat, Danielson and his deckhand put away as many pounds of fish as they could. They had no breakdowns. But his seafood processor is paying him 70 cents a pound for his salmon — half of last year’s price  — which means that instead of his usual six-figure haul for a summer of hard work, he might only break even, or go home to his family in Washington with $10,000, if he’s lucky.

“I’ve done everything right,” Danielson, 36, said in an interview this week. “It’s pretty demoralizing — you take all this risk, all this sacrifice, and you go home essentially without a paycheck.”

He added: “We’re up against something that’s out of our control, and that’s the processors killing us here.”

In the past few weeks, thousands of fishermen across the state have found themselves in a similar predicament: The price they’ll be paid by the processing companies that buy their salmon won’t be enough to cover their costs — or, at least, will make them far less profit than last year.

Read the full article at Alaska Beacon