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Economic Trends As is typical of villages in the
region, commercial fishing and subsistence
activities are the mainstays of the economy. Sixteen
residents hold commercial fishing permits. Two fish
processing plants operate in Chignik: Norquest and
Trident Seafoods. Salmon and halibut are processed
here; several hundred people come to Chignik to fish
or work in the plants each summer. Residents depend
on subsistence foods, including salmon, trout, crab,
clams, caribou and moose.
The employment structure shows that 58.3% of the
potential labor force is employed, 29.2% is
unemployed and 16.9% is not seeking jobs. The
singularity of these results, as well as its
accuracy to represent social reality needs to be
understood in the context of a community completely
dominated by a seasonal industry. Censuses, with
their tendency to project a \'snapshot\' of a
community are not well equipped to represent
communities that in fact are extremely variable
across the year. An staggering 26.7% of the
population is below the line of poverty. The per
capita income was $13,843 with the median household
income having been $34,250 in Chignik Bay in the
year 2000.
During the March 2005 planning session, residents
were quick to point out that Chignik's past and
future will always be tied in some shape, way or
form to the renewable resources teeming offshore.
Residents suggested diversifying their fisheries,
buying back IFQ's possibly through a CQE (Community
Quota Entity), and pursuing limited entry of other
fisheries.
Public testimony at the planning session indicated
mixed feelings about the newly formed Chignik
Fisheries Cooperative. Some believe that the Co-op
has led to a net decline in overall jobs in the
community, due to the limited number of vessels
participating in the Co-op.
There was considerable interest in leveraging
Chignik's position as a subregional hub for the
area, particularly once the Chignik Road Intertie
project is completed.
Photo By: TJ Aklin
Trident Dry Dock Storage |