Government of Canada temporarily sets a minimum unemployment rate for the Employment Insurance program

Government of Canada temporarily sets a minimum unemployment rate for the Employment Insurance program

Today, the Honourable Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion, announced that effective August 9, 2020 a minimum unemployment rate of 13.1% will be applied temporarily for all EI economic regions across Canada.

In taking this action, the Government is recognizing that the pandemic continues to make labour market conditions uncertain and unpredictable across the country. When individuals begin transitioning off of the CERB back to EI regular benefits at the end of this month, those living in EI regions with an unemployment rate lower than 13.1% will have their EI benefits calculated on the basis of the 13.1% rate, while individuals living in regions with a higher unemployment rate will have their benefits calculated using the actual rate for that region.

Read the full article for more information.

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