Canada Job Insurance Claims Fall 1.9% in April from March

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The FINANCIAL — Initial and renewal claims for unemployment insurance benefits in Canada fell 1.9% to 240,760 in April, Statistics Canada said on June 18, according to Nasdaq.

On a 12-month basis, claims rose 5.8%.

Job insurance claims are an indication of the number of people who could begin receiving unemployment benefits.

Claims in Prince Edward Island were down the most, at 13.5%, while Alberta, heart of Canada’s hard-hit oil patch, recorded a decline of 8.8%.

The number of people receiving regular jobless benefits edged up 0.5% to 521,300 in April, Statistics Canada said, led for the fourth month in a row by Alberta, which posted a 10.7% increase.

 

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