EI rolls continue to shrink
The number of Albertans receiving regular EI benefits fell below 50,000 in June
By Rob Roach, ATB Economics 19 August 2022 1 min read
The seasonally-adjusted number of Albertans receiving regular Employment Insurance (EI) benefits fell for the 13th month in a row in June.
There were 51,380 recipients of regular EI benefits in May compared to 49,390 in June 2022— a decrease of 3.9%.
The number of regular beneficiaries in the province peaked in January 2021 at 207,200 and was sitting at 53,909 in February 2020 before the pandemic was declared*.
The waning number of EI recipients has tracked the decline in the unemployment rate.
Between June 2021 and June 2022, the seasonally-adjusted unemployment rate in Alberta went from 8.9% to 4.9%.
Nationally, 485,820 Canadians received regular EI benefits in June, down by 1.4% from May.
The retightening of EI eligibility requirements that will take effect at the end of September will reduce the number of Albertans who can access the program.
*Unemployed Canadians were diverted to the Canada Emergency Response Benefit (CERB) during the early months of the pandemic. As a result, the number of regular EI beneficiaries in Alberta fell to a low of 26,630 in August 2020 before rising rapidly when the CERB program was terminated.
Answer to the previous trivia question: Estimates vary, but there are about 1.42 billion cars in operation worldwide.
Today’s trivia question: In what year was the first Eaton’s catalogue published?
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