A shot of Yellowknife from Bush Pilot's monument. (Photo by MyTrueNorthNow.com staff.)
Economy
Less than 1 min.read

Unemployment in NT drops from historic high, stays above national average

Bailey Moreton
By Bailey Moreton

Unemployment in NT dropped more than two per cent to, but is still slightly above the national average, according to the latest Statistics Canada figures.

NT dropped from 11.6 per cent unemployment — the highest rate of unemployment in the territory since Statistics Canada has been gathering data — in August to 9.4 per cent in September.

NT’s unemployment rate remains slightly above the national average. Infographic by Bailey Moreton.

That still puts unemployment slightly higher than when the COVID-19 pandemic hit back in March, when the unemployment rate was 9.1 per cent. 

It is also a higher rate of unemployment than this time last year. Back in September 2019, unemployment was 8.4 per cent.

Nationally, the unemployment rate dropped to 9 per cent, down from 10.2 per cent in August.

Bailey Moreton
Bailey Moreton
Bailey is new to the north, arriving from Ottawa where he studied journalism at Carleton University. He has worked for newspapers in Halifax, Windsor, and Ottawa. He came to the north hoping to see polar bears. He will settle for a bison. If you have a tip, send it to 905 252-9781, or [email protected].

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