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November 21, 2024EMPLOYMENT INSURANCE, SEPTEMBER 2024 Monthly (September 2024 vs August 2024, seasonally adjusted regular beneficiaries)
In September 2024, there were 21,850 Nova Scotians in receipt of regular employment insurance benefits (seasonally adjusted). Nova Scotia's seasonally adjusted regular employment insurance usage declined by 400 (-1.8%) from August to September .
There were 481,690 Canadians that received regular employment insurance benefits in September 2024 (seasonally adjusted), a decrease of 9,550 (-1.9%) from August 2024.
When compared to August 2024, all provinces reported declines in employment insurance usage. Québec reported the largest decrease (-3.6%), followed by Prince Edward Island (-2.1%). Newfoundland and Labrador and British Columbia reported the slowest declines.
The number of employment insurance beneficiaries amounted to 4.0% of the labour force in Nova Scotia in September 2024. Nationally, the share of beneficiaries was 2.2% of the labour force. Newfoundland and Labrador had the largest share of beneficiaries of the labour force, while British Columbia had the lowest.
Year-to-date (January-September 2024 vs January-September 2023)
Comparing the first nine months of 2024 to the same period in 2023, Nova Scotia's employment insurance usage was up by 1.1%. National employment insurance usage was up by 13.4% with gains in eight provinces. The largest gain in employment insurance usage was in Ontario. Only Newfoundland and Labrador and New Brunswick reported lower employment insurance usage compared to the same period in 2023.
Year-over-year (September 2024 vs September 2023, seasonally adjusted regular beneficiaries)
Use of employment insurance (as a share of the labour force) was lower for workers aged 15-24 and 25-54, while employment insurance use was higher for workers aged 55 and older. Across all age cohorts, male use of employment insurance was higher as a share of the labour force than female use of employment insurance.
Use of employment insurance was down for males aged 15 to 24, as well as for females aged 15-24 and 25-54. All other age cohorts had higher employment insurance usage when compared to September 2023.
Comparing unadjusted regular beneficiaries for September 2024 against September 2023, use of employment insurance declined for nine counties with the fastest decline for Lunenburg (-11.3%), Cumberland (-9.8%), and Digby (-9.5%) counties. Eight counties reported increases in employment insurance, led by Queens county(+11.1%). Guysborough county had no change in employment insurance usage compared to the same month in 2023.
Source: Statistics Canada. Table 14-10-0011-01 Employment insurance beneficiaries (regular benefits) by province and territory, monthly, seasonally adjusted; Table 14-10-0323-01 Employment insurance beneficiaries by census division, monthly, unadjusted for seasonality; Table 14-10-0287-01 Labour force characteristics, monthly, seasonally adjusted and trend-cycle, last 5 months
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