Employment insurance helping fewer Canadians as workforce shifts to gig work, part-time jobs, new report finds


Text to Speech Icon

Listen to this article

Estimated 2 minutes

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.

Food Banks Canada says Canada’s employment insurance no longer serves the broader and shifting workforce as more people take up gig work or part-time jobs.

In its latest poverty report card, the organization says the labour market has shifted toward part-time, temporary and contract work, while EI only caters to a shrinking workforce that has stable, full-time work with a single employer.

Food Banks Canada chief executive Kirstin Beardsley says the outdated EI system is one of the greatest threats to Canada’s resiliency as unemployment remains elevated and households struggle to keep up with the high cost of living.

The report suggests EI eligibility is at the heart of the issue, which requires workers to accumulate a set number of insurable hours within a fixed period.

However, it says irregular hours, multiple jobs and contract work make qualifying for EI more difficult, even for those with consistent jobs.

That, in turn, excludes many workers who face greater income instability.

EI is a federal program that bridges the financial gap for workers who are between jobs, paying about 55 per cent of the average insurable weekly earnings. That means someone with an annual income of $68,900 would receive a maximum of $729 in EI per week.



Source link

  • Related Posts

    Cricket Canada suspended by governing body due to ‘serious breaches’ of membership

    Listen to this article Estimated 2 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review…

    Cyclist praised for rescuing four people who nearly drowned in Ruhr, Germany | Germany

    A cyclist has been praised for having “stepped in decisively” and rescuing four members of a family who nearly drowned in the Ruhr River in Germany during a waterside barbecue…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Ex-F.B.I. Officials Form New Group to Help Agents Grapple With Patel’s Changes

    Ex-F.B.I. Officials Form New Group to Help Agents Grapple With Patel’s Changes

    Red stripes declared U.K.’s oldest art after being dismissed as a natural phenomenon

    Red stripes declared U.K.’s oldest art after being dismissed as a natural phenomenon

    ICC to trial pink balls to limit bad light stoppages

    ICC to trial pink balls to limit bad light stoppages

    Cricket Canada suspended by governing body due to ‘serious breaches’ of membership

    Cricket Canada suspended by governing body due to ‘serious breaches’ of membership

    An OpenAI model solved a famous math problem that stumped humans for 80 years

    An OpenAI model solved a famous math problem that stumped humans for 80 years

    Minister Hussen to highlight Budget 2024: Fairness for Every Generation investments in Winnipeg