November 25, 2008

Canadian unemployment dips in September

The number of out-of-work Canadians receiving Employment Insurance benefits in September dipped 1 percent to 480,370, Statistics Canada reported Tuesday.

The monthly decline from August contrasts with a 3.9 percent increase of 13,100 people from September 2007, the agency said.

On a year-over-year basis, the province of Ontario's unemployment claimants rose 14 percent, followed by British Columbia at 11.2 percent, the report said.

The past year's turmoil in the struggling automotive sector was particularly apparent in southern Ontario, where the number of claimants soared 96.4 percent in Oshawa and 30.4 percent in Windsor, the report said.

Saskatoon, Saskatchewan, posted a 19.8 percent annual decline in claimants followed by Thunder Bay, Ontario with a 19.7 percent decrease from 2007.

Employment Insurance payments in September totaled $772.4 million, the agency said.