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Labour force data reveals strength and weaknesses in the northern economy

December 04, 2012

The latest data show Yukon and Nunavut gaining strength while Alaska and NWT appear to be losing steam.

The participation rate is the number of labour force participants expressed as a percentage of the population 15 years of age and over. The unemployment rate is the number of unemployed persons expressed as a percentage of the labour force. The unemployment rate is the number unemployed in that group expressed as a percentage of the labour force for that group. The labour force is the persons in the population 15 years and older who are working or who are looking for work.

Commentary

Alaska does not publish its labour force participation rate.  Alaska and Yukon are doing better than the national averages in terms of unemployment.

Sources

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