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Canadian unemployment benefits up in Feb, lifted by resource provinces

Published 2016-04-21, 08:44 a/m
© Reuters. Canadian unemployment benefits up in Feb, lifted by resource provinces

OTTAWA, April 21 (Reuters) - The number of Canadians
receiving unemployment benefits rose in the resource-sensitive
provinces of Alberta and Saskatchewan in February, Statistics
Canada said on Thursday, illustrating the impact the downturn in
resources is still having on the economy.
In Alberta, where the number of people on unemployment has
been on an upward trend since the end of 2014, there were 65,140
people receiving regular employment insurance benefits in
February, an increase of 2.4 percent from the previous month.
The number of beneficiaries in the province, where the
country's vast oil sands are located, shot up 78.9 percent
compared to a year ago.
In Saskatchewan, the number of people on benefits increased
for the fourth month in a row, up 3.5 percent to 16,740 and up
38.6 percent on an annual basis.
The increases in the two provinces far outpaced the country
as a whole, with the number of beneficiaries in Canada rising
0.8 percent on the year and 6.7 percent on the month.
The number of Canadians putting forward employment insurance
claims decreased by 4.5 percent in February. It was the first
decline since September last year and a potentially encouraging
sign as the number of claims gives an indication of the number
of people who could become beneficiaries.
The drop in oil prices put Canada in a mild recession last
year. While the economy has shown signs of stronger growth in
2016, the resource sector continues to struggle.

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