Canadians receiving unemployment benefits rose 18% in January compared to a year earlier, marking the fourth consecutive month above pre-pandemic levels.
Canadians receiving unemployment benefits rose 18% in January compared to a year earlier, marking the fourth consecutive month above pre-pandemic levels. Employment Insurance (EI) recipients increased 0.3% to 468,300 in January, with core working-age recipients (25-54) rising 19.6% year-on-year. Despite higher job gains than expected in the previous month, the Canadian labour market continues to soften.
March 21, 2024
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