EI Falls as Unemployment Rises
Statistics Canada reported today that the number of people receiving Employment Insurance (EI) benefits fell by 12,070 in May â€“ the largest drop in nearly two years. (The last time Statistics Canada records indicate a larger decrease was 12,670 in July 2012.)
Overall, only 37.5% of unemployed Canadians received EI benefits in May (i.e. 504,080 out of 1,343,800).
The fact that fewer Canadians can access benefits even as more are unemployed likely reflects the Conservative governmentâ€™s cuts to the EI system. The federal government should instead improve the accessibility and duration of benefits for workers who paid into the program and are unemployed through no fault of their own.