Northwest Territories Overview The Northwest Territories (NWT) is the most populated territory in Canada. With its ...
Northwest Territories Overview
The Northwest Territories (NWT) is the most populated territory in Canada. With its northerly location that's still very much wild and untouched, the NWT's economy is driven by natural resources. The territory relies on petroleum, natural gas and gold and diamond mining, though production of existing mines has started to wind down, resulting in job losses. Still, the NWT's diamond production is significant. Combined with the rest of the geological and natural resources produced in the territory, the NWT holds the highest per capita GDP in all of Canada.
Northwest Territories Job Opportunities
With so many mining operations in the NWT, engineering jobs abound throughout the territory. Other top job opportunities involve operations and logistics. Retail is also a big contributor to the economy. Many residents are employed by the Government of the Northwest Territories, and those seeking government jobs can expect listings to include the likes of senior project managers, communications officers, healthcare workers and the skilled trades. The NWT's government is unlike any other in Canada, consisting of departments like Aboriginal Affairs & Intergovernmental Relations, Lands and Environment & Natural Resources, just to name a few.
Northwest Territories Employment Trends
Due to the decline in mine production, the Northwest Territories has experienced job losses in recent years. The province's economy tends to strengthen in the summer months, but its unemployment rate has hovered at around 7.5 per cent, which is above the national average. This is due to an increase in qualified people moving into the NWT labour force, so competition for open positions is high. As with all employment trends in Canada's northern territories, employment remains cyclical and isn't likely to boom anytime soon, but it tends to remain steady despite the mining industry slowing down. Job seekers may want to consider opportunities in the construction and service-related industries, as these are continuing to grow.