Statistics Canada reported Thursday that 27,000 (-5.6%) fewer Canadians received regular Employment Insurance (EI) benefits in September, bringing the total number of beneficiaries to 455,000, a similar level to February 2020 (447,000) prior to the COVID-19 pandemic.
According to the Labour Force Survey (LFS), the unemployment rate in September 2022 fell 0.2 percentage points to 5.2%, as fewer people searched for work, said the federal agency.
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“The number of people receiving regular EI benefits fell in every province in September. The largest proportional decreases occurred in New Brunswick (-19.7%; -7,000), Nova Scotia (-11.5%; -3,000), and Manitoba (-10.2%; -2,000). Ontario (-1.1%; -1,000) and Prince Edward Island (-1.2%; -100) posted the smallest declines,” said StatsCan.
“In September, the largest proportional regional declines in regular EI beneficiaries were in the census metropolitan areas (CMAs) of Moncton (-26.7%; -800), Saskatoon (-21.6%; -700) and Saint John (-19.4%; -600). Conversely, the number of beneficiaries increased in the CMAs of Guelph (+8.5%; +100), Hamilton (+6.3%; +400), and St. Catharines–Niagara (+3.5%; +200).”
Statistics Canada said the number of people receiving regular EI benefits fell in all age groups for the second month in a row. The largest proportional decrease occurred among EI recipients aged 15 to 24 years (-10.1%; -5,000), and the number of recipients in this age group fell for the 16th consecutive month.
“Women accounted for the majority of both the August and September decreases in beneficiaries. Following a decline of 23,000 (-10.6%) in August, the number of women receiving regular EI benefits fell by 21,000 (-10.7%) in September, accounting for 77.3% of the net monthly decline. The number of EI beneficiaries also decreased among men in September (-2.1%; -6,000),” it said.
(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)
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