Job Market Monitor
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Canada / 3-year freeze on EI premiums
Finance Minister Jim Flaherty announced a three year-freeze on employment insurance premiums for employers and employees on Monday as a way to support small and medium-size businesses and working Canadians. “We are able to do this because of the falling unemployment rate — more people are working, fewer people are claiming employment insurance benefits and … Continue reading
Unemployment Insurance Claims – Up by only 2,000
SEASONALLY ADJUSTED DATA In the week ending August 11, the advance figure for seasonally adjusted initial claims was 366,000, an increase of 2,000 from the previous week’s revised figure of 364,000. The 4-week moving average was 363,750, a decrease of 5,500 from the previous week’s revised average of 369,250. The advance seasonally adjusted insured unemployment rate was 2.6 percent … Continue reading
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