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Beaver Creek
Burwash Landing
Carcross
Carmacks
Dawson City
Destruction Bay
Faro
Haines Junction
Mayo
Old Crow
Pelly Crossing
Ross River
Tagish
Teslin
Watson Lake
Whitehorse

Population and Labour Force

Population

The population of Faro as of 2012 was 344.

From the time Faro was established in the late 1960s, the community faced population fluctuations due to a series of mine openings and closures. However, the population has begun to rise steadily with the influx of new residents attracted by affordable home prices and quality family-oriented life style.

The population of the Yukon itself is growing; a population growth of 11.6% between the 2006 and 2011 census years was the highest in Canada.

Labour Force

Employment in Faro is associated with government: Federal, Territorial, and municipal. The private sector provides employment in in the construction, mining, and service industry.

Tourism is a small but growing component of economic activity in Faro, and is being actively encouraged to provide more economic support.

Labour Force Statistics

Total

Male

Female

Population 15 years and over by labour force activity - 20% sample data

275

150

130

In the labour force

185

105

80

Employed

155

85

70

Unemployed

30

20

10

Not in the labour force

95

45

50

Participation rate

67.3

70

61.5

Employment rate

56.4

56.7

53.8

Unemployment rate

16.2

19

12.5

 

Source: Yukon Socio-Economic Web Portal 

Yukon in general has one of the highest university degree per capita ratios in Canada and a high rate of high school completion.

Increasing capacity through education, training and skills development and supporting individuals in achieving their personal goals is a priority for the town and supported by many initiatives.

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