Editor’s Note: This is a measure of the legal coverage, not the effective coverage which is the the proposition of those unemployed who are receiving benefits.
—————————-
The rate of eligibility for receiving regular Employment Insurance (EI) benefits in 2012 was 81.9%, up from 78.4% in 2011 and similar to rates observed prior to the 2008-2009 recession.
The most notable change from 2011 was a higher eligibility rate for those aged 25 to 44, returning it to historical averages.
To be eligible to receive regular benefits, unemployed individuals must have contributed to the EI program, met the criteria for job separation and accumulated enough insurable hours (see Note to readers).
In 2012, 808,000 unemployed individuals contributed to the EI program, down from 867,000 a year earlier.
Of the 808,000 contributors, about 629,000 had a job separation that met the EI program criteria. Of those, 515,000 or 81.9% had worked enough hours and were eligible to receive EI, up from 78.4% in 2011. The rate in 2012 was similar to rates observed from 2003 to 2008, but lower than the high of 86.2% recorded in 2009, during the recession.
Chart 1
Employment Insurance contributors with enough insurable hours as a share of all contributors with a valid job separation
Chosen excerpts by Job Market Monitor. Read the whole story at
via The Daily — Employment Insurance Coverage Survey, 2012.
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