Feds set minimum unemployment rate for EI
August 27, 2020
By HR Reporter |
The federal government has set a temporary minimum unemployment rate of 13.1 per cent for all employment insurance (EI) economic regions across Canada effective retroactive to Aug. 9.
This means that when individuals begin transitioning off of the Canada Emergency Response Benefit (CERB) program back to EI regular benefits, those living in EI regions with an unemployment rate lower than 13.1 per cent will have their EI benefits calculated based on the 13.1 per cent rate.
Meanwhile, those living in regions with a higher unemployment rate will have their benefits calculated using the actual rate for that region.