The territory’s unemployment rate dropped nearly two per cent over the course of a year from January 2017 to last month.
The Yukon Bureau of Statistics released its monthly employment figures for January last Friday. They show the unemployment rate at just 2.8 per cent last month.
That compares with a 4.6 per cent unemployment rate in January 2017.
Last month’s rate is the second-lowest for the past year, the lowest being last August at 2.3 per cent.
The figures show at total of 21,100 people were employed in the territory last month, an increase of 500 people working over a year earlier, when 20,600 were working.
“There were 600 unemployed in Yukon in January 2018,” reads the release on the figures.
“This figure decreased by 400 or 40 per cent compared to January 2017 (1,000) and decreased by 200, or 25 per cent, compared to December 2017 (800).”
December’s unemployment rate in the territory was 3.7 per cent.
On a national basis, last month’s unemployment rate was 5.9 per cent, down less than a percentage point from a year earlier, when it stood at 6.7 per cent.