In August, 485,000 Canadians received regular Employment Insurance (EI) benefits, down by 21,000 (-4.1 per cent) from July, said Statistics Canada on Thursday.
According to the Labour Force Survey (LFS), the unemployment rate in August rose to 5.4 per cent, following a record low of 4.9 per cent observed in June and July, it added.
“Compared with July, the number of people who received regular EI benefits fell in eight provinces in August. The largest decrease occurred in Quebec (-12,000; -9.5 per cent), which accounted for more than half of the national decline. Other notable proportional decreases in regular EI beneficiaries occurred in Newfoundland and Labrador (-7.1 per cent; -3,000) and New Brunswick (-6.1 per cent; -2,000). British Columbia (+1.0 per cent; +400) was the only province to see an increase in regular EI beneficiaries in August,” said the federal agency.
“On a regional basis, the census metropolitan areas (CMAs) of Trois-Rivières (-16.0 per cent; -400), Moncton (-14.1 per cent; -500), and Montréal (-12.5 per cent; -6,000), as well as areas outside large population centres in Quebec (-8.2 per cent; -4,000) and Newfoundland and Labrador (-7.2 per cent; -2,000), posted the largest proportional decreases in regular EI beneficiaries in August.”
In August, the number of regular EI recipients fell in eight of the 10 broad occupational groups. The largest decrease in beneficiaries occurred among those who last worked in sales and service occupations (-8.4 per cent; -7,000), followed by those who last worked in business, finance and administration occupations (-8.1 per cent; -4,000), said StatsCan, adding that natural resources, agriculture and related production occupations and trades, transportation, and equipment operators and related occupations were the only occupational groups to see little change in regular EI beneficiaries in August.
“Despite significant labour market changes in recent years, the job search methods used by Canadians were largely the same in August 2022 compared with the same month in 2019. Of the just over one million (1,034,000) job seekers in August, more than three-quarters (77.4 per cent) looked for work by searching job ads. Other commonly reported search methods included checking with employers directly (47.1 per cent), placing or answering ads (43.2 per cent), and checking with friends or relatives (30.5 per cent),” said the report.
(Mario Toneguzzi is a veteran of the media industry for more than 40 years and named in 2021 a Top Ten Business Journalist in the world and only Canadian)
About Us
Canada’s Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast. With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders.
The commitment to a grass roots approach has built a loyal audience with over 120,000 downloads and thousands of subscribers on all our social channels and YouTube.
Canada’s Podcast is proud to provide a local, national and international presence for Canadian entrepreneurs to build their brand and tell their story.
Advertising and Sponsorships:
At Canada’s Podcast we are here to help you reach your communication objectives and get you results. If you are looking to build your brand, promote your products/services, announce an event, then you will want to reach our extensive data base of owners and entrepreneurs. Contact sales at: robert@canadaspodcast.com and find out how we can make an impact on your bottom line with our sponsorship packages.
Sponsors include: RBC Bank, The Cooperators Insurance, Silicon Valley Bank, eBay, Lethbridge Economic Development, VanHack, CBC Dragon’s Den, The Competition Bureau, The Vancouver Board of Trade and more.
