Seeking self storage units for rent in Yukon? Check out the listings above and find the ideal unit.The Yukon Territory is a region in Canada known for its expansive mountains, breathtaking landscapes, and unique wildlife. Industry-wise, the Yukon has a diverse economy that relies on a variety of sectors including mining, tourism, and the public sector.
Mining is the main industry in Yukon and is the largest contributor to the territory's Gross Domestic Product (GDP). The five main minerals mined in Yukon are gold, silver, zinc, lead, and copper. In 2017, the mining industry employed 5,600 people, which is 7.5% of the total labor force in Yukon. The mining sector also contributed $531 million to the territory's GDP.
Tourism is another important industry in Yukon, accounting for 10% of the labor force and $176 million in GDP in 2017. Yukon's tourism sector is driven by its stunning natural beauty which attracts visitors from around the world. In addition, Yukon's vibrant culture and the Aurora Borealis (Northern Lights) also contribute to the territory's appeal among tourists.
The public sector is also an important player in Yukon's economy, employing approximately one-third of the labor force and accounting for 38% of the territory's GDP in 2017. The public sector includes a variety of different industries, from healthcare and education to energy production and transportation.
Overall, Yukon's economy is in a period of economic growth and is expected to continue to grow in the coming years. The territory's GDP has grown by an average of 4.5% per year since 2012, making it one of the fastest-growing economies in Canada. In addition, Yukon is ranked third among Canadian provinces and territories in terms of GDP per capita, making it one of the wealthiest regions in the country. (https://www.wikiwand.com/en/List_of_Canadian_provinces_and_territories_by_gross_domestic_product#GDP_and_per_capita_GDP,_2021)
In conclusion, the Yukon Territory is a region with a diverse economy that is driven by a variety of industries, including mining, tourism, and the public sector. The territory's vibrant economy is expected to continue to grow in the coming years, as evidenced by its strong GDP and labor data.