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Canada Jobless Benefits Recipients Reach Lowest Since 1997

CANADA
  • "In November, 396,000 Canadians received regular Employment Insurance (EI) benefits, down by 23,000 (-5.4%) from October. This was the lowest number of EI beneficiaries on record since comparable data became available in 1997, outside of the summer of 2020 when the Canadian Emergency Response Benefit was in place."
  • A year over year decline of -44.1% is observed in the beneficiaries receiving regular income benefits.
  • "In November, the number of people receiving regular EI benefits fell in eight provinces. The largest proportional decreases occurred in Quebec (-9.5%; -9,700) and Ontario (-6.7%; -7,400), which together accounted for three-quarters of the monthly decline."
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