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The development corporation, which invests in Nunavut's economy by creating jobs and opportunities for Nunavut residents in small hamlets, is a territorial corporation of the Government of Nunavut corporation, enabled by the Nunavut Development Corporation Act. [7] Uqqurmiut means "the people of the leeside" in Inuktitut.
The courses, which were designed to be relevant to Nunavut, try to promote Inuit culture, Inuit Qaujimajatuqangit (Inuit traditional knowledge), and Inuktut [2] (Inuktitut and Inuinnaqtun). Upon successful completion of all program requirements, NTEP graduates are awarded a University of Regina of Education Degree, 120 credits (B.Ed.).
As of 2017, the employment rate by percentage in the Yukon is 67.7%; in the Northwest Territories, 69.3%; and in Nunavut, 55%. [15] Despite the low population in this region, the insignificant participation in the job market is a key contributor to poverty and social problems in this isolated area.
The list of Canadian provinces by unemployment rate are statistics that directly refer to the nation's seasonally adjusted unemployment rate. Below is a comparison of the seasonally adjusted unemployment rates by province/territory, sortable by name or unemployment rate.
Adult literacy is identified a key barrier for employment for Arctic inhabitants, given that Nunavut is a region with skilled and semi-skilled jobs in sectors such as mining, fishing, tourism and government. The strategy identified the need for additional post-secondary training opportunities for students in Nunavut.
This imposes high travel costs on visitors to Nunavut, and drives tourism numbers down. In addition, Nunavut's position north of the Arctic Circle reduces the opportunity for spring activities, and results in a highly seasonally based tourism market. This limits opportunities for year-round employment in the territory.