Unemployment Rate 2024 Canada. For most people, the basic rate for calculating employment insurance (ei) benefits is 55% of their average insurable weekly earnings, up to a maximum amount. This is a map of canada by province and territory showing the unemployment rate in may 2024 and the percentage point change from april 2024 to may 2024.

As the canadian economy moderates, the unemployment rate is expected to rise to a peak of 6.5 per cent in the fourth quarter of this year and average 6.3 per cent in 2024 (compared to, respectively, 6.5. For most people, the basic rate for calculating employment insurance (ei) benefits is 55% of their average insurable weekly earnings, up to a maximum amount.