Statistics Canada says November saw lowest number of people on EI in 25 years
OTTAWA –
Statistics Canada says November noticed the bottom variety of employment insurance coverage beneficiaries on document in 25 years.
The federal company says November marked the bottom variety of individuals receiving EI since comparable information grew to become out there in 1997, except the summer season of 2020 when the Canadian Emergency Response Benefit was in place.
The unemployment fee in November was 5.1 per cent.
Statistics Canada says the variety of individuals receiving common EI advantages that month fell in eight provinces.
The company says fewer women and men in all age teams collected common EI advantages in November.
The company’s Labour Force Survey discovered the variety of core-aged individuals who left a job involuntarily up to now 12 months was down 3.2 per cent in November in contrast with a yr earlier than, and down 18.6 per cent in contrast with November 2019 earlier than the COVID-19 pandemic.
“This decline in the number of people leaving a job involuntarily could have contributed to the historic lows in the number of people receiving regular EI benefits in November 2022,” Statistics Canada stated.
This report by The Canadian Press was first revealed Jan. 20, 2023
