December’s jobless rate fell further
The territory’s unemployment rate took another drop last month, falling to 4.6 per cent.
The territory’s unemployment rate took another drop last month, falling to 4.6 per cent.
The Yukon Bureau of Statistics released the data on Friday.
The figure represents a decrease of more than a full percentage point from a year earlier, when there was a jobless rate of 5.8 per cent in the territory.
Last month’s unemployment rate marks the lowest rate for any month in 2016. May was just 0.3 per cent lower, at 4.9 per cent.
Looking at it from an employment side of things, it was noted in a release by the bureau:
“Yukon’s seasonally adjusted employment in December 2016 was 20,800. The employment number increased by 1,300 or 6.7 per cent compared to a year ago in December 2015 (19,500).
“Nationally, Canada’s seasonally adjusted employment figure increased 1.2 per cent from December 2015 to December 2016.”
The figures work out to 200 fewer people being unemployed over the figure of 1,200 in December 2015.
The full labour force for December in the territory was 21,800 people.
That compares with 20,600 in December 2015 and 22,000 a month earlier in November.
Comments (3)
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Reality Check on Jan 10, 2017 at 9:18 am
Cliff, would those be the same Liberals that haven't even sat in the Legislature yet? The same Liberals that only plan to convene the Legislature for one day this month, which will be the only day since the November election? I think their Johnny come lately carbon tax government that hasn't done anything yet is just along for the ride at this point.
Up 15 Down 8
jc on Jan 9, 2017 at 5:22 pm
You can thank the Yukon Party. Now, with the libs at the helm, watch unemployment go up. Seen it too many times before.
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Cliff W. on Jan 9, 2017 at 3:45 pm
Your Liberals; taking care of business.