Jobless rate continues its decline
According to the latest figures from the Yukon Bureau of Statistics, the labour market in the Yukon continues to recover.
According to the latest figures from the Yukon Bureau of Statistics, the labour market in the Yukon continues to recover.
The report stated that in November, the Yukon’s unemployment rate (2.9 per cent) fell by 2.2 percentage points compared to October (5.1 per cent).
Compared to October, the Yukon’s labour force rose by 200 to 23,900.
The number of employed increased by 700 to 23,200 and the number of unemployed dipped by 500, to 700.
Nationally, the November unemployment rate (6.0 per cent) dropped by 0.7 percentage points compared to October.
Compared to October’s figures, the labour force in Canada increased 0.2 per cent; the number of employed rose 0.8per cent; and the number of unemployed decreased by 8.9 per cent.
The Labour Force Survey estimates that 72.2 per cent of Yukoners aged 15 years and over were employed or seeking employment in November.
The Yukon’s participation rate in November (72.2 per cent) increased by 0.4 percentage points compared to October (71.8 per cent) and climbed by 0.9 percentage points compared to the rate in November 2020 (71.3 per cent).
The November employment rate of 70.1 per cent rose by 1.9 percentage points compared to October (68.2 per cent) and also increased by 1.9 percentage points compared to November 2020 (68.2 per cent).
The report stated that historically, the Yukon’s participation rate and employment rate have trended similarly to those of Alberta.
In recent periods, however, the territory’s rates have generally been higher than Alberta’s.
Compared to October 2021, full-time employment in November remained the same at 18,900; part-time employment increased by 400 to 4,100.
Of employed Yukoners aged 15 years and over, 18,900, or 82.2 per cent, were employed full-time in November.
The Yukon had the fifth-highest proportion of full-time employment among provinces and territories.
Comments (7)
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More lies from the political elitists on Dec 15, 2021 at 3:57 pm
The unemployment numbers are only based on EI. When people go off EI with no work then they end up on welfare or homeless etc. Those numbers are never counted, so this announcement means nothing, just like the nothing politicians.
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EJ on Dec 11, 2021 at 7:50 pm
@ibrian If you live in Yukon and you think you pay too much in tax, you are very naive. We have the second lowest income tax rate in the country behind AB, we have ZERO sales tax, and property taxes in Whitehorse are lower than almost any comparable sized City. So if you feel hard done by due to taxes, you really must be an entitled baby. The rest of the country pays higher taxes so you don't have to (aka the money from Ottawa keeping this place wealthy), but its still not enough for you obviously.
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Marginally good at math on Dec 11, 2021 at 6:04 pm
iBrian...
That's right, the young and the retired typically are not part of the workforce. There are even some unfortunate souls who could be working but don't for some reason, and instead collect some kind of government support. That's always been the case. It worked fine for us all when we were kids and not working, it works fine for us now while we are working, and will work fine again when we are retired. What's the issue?
And, if you are a Yukon resident paying income tax at a net rate of 44%, that means your taxable income is almost exactly one million dollars per year (or more, if we consider tax deductions and credits and so on). If that's true, congratulations on your success, but I'm really not sure what you're griping about...
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Admiral A$$ on Dec 10, 2021 at 1:23 pm
BS numbers by BS govy. Unemployment went down because they changed unemployment benefits criteria. Now less people qualify and are not counted as unemployed by government stats.
This number more closely reflects the change in amount of people who were receiving unemployment before October 23rd to after that date.
More @have a jobs point, alot of the increased traffic is related to the new 2 year Permanent Residents program. Where the Government is giving PR to anyone after 2 years of sponsorship. This has drastically increased the population around town.
On top of all the new people trying to flee cities best estimates are Whitehorse now has 40k plus people.
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iBrian on Dec 10, 2021 at 12:20 pm
To my understanding the government says that people receiving E.I are unemployed. However I know many people who are not on EI and not working. Would be interesting for them to publish how many people went to work last month and paid taxes. That’s the real number we need to keep an eye on.
If 1/4 population is retired and 1/4 population is under 18, that’s 1/2 the population, then, we have the 1/8 of the population on some form of welfare. So what it boils down to is less then half are paying for everything, which explains why $0.44 of every dollar I earn is taxed. Before my property tax and then my point of purchase tax.
Something is going to give.
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Denis on Dec 10, 2021 at 10:39 am
There are a number of small businesses in Whitehorse that have had to close down because they cannot find credible employees.
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Have a job on Dec 9, 2021 at 4:07 pm
I drive around town for my job everyday. The sheer amount of people driving around blows my mind. #1 YTG is the biggest employer. And the majority work 8-4:30 pm Monday-Friday. What are these people doing? Seriously? I would expect during normal business hours the roads to be a little quieter. No? Maybe one reading this can explain this situation.