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HomeNewsBC employment insurance benefits decrease in May

BC employment insurance benefits decrease in May

According to Statistics Canada, the number of people receiving Employment Insurance benefits in the province dropped 3.5% in May.

Marton Lovei is a Data Specialist with the national agency.

“There was 50,900 beneficiaries in BC, which is a 5.1% decrease from May 2016. On a month-by-month basis, there was a 1.9% decrease in the out of claims in British Columbia.”

Year-by-year, Lovei says labour employment grew by 4.2%, continuing an increased trend dating back to Spring of 2015.

He adds however, the data taken by the agency is not because of a change in seasonal jobs.

“If we see a decrease, then means that is a decrease in people receiving benefits. If there’s one occupation, natural and applied sciences, and related occupations, have a 9% decrease compared to April.”

On a national scale, youth ages 15 to 24 saw the biggest drops in EI benefits; a drop of 3.3% for men, and 5% for women.

Canada as a whole drops by 2.4% in insurance beneficiaries, while Alberta saw the biggest decrease at 7.2%.

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