Employees will bear a large portion of the cost of higher EI premium rates in the form of lower wages.
Some workers remain unemployed because the benefits are generous.
EI benefits are based on unemployment in each of Canada’s 62 EI regions.
Canadians can earn up to $1,000 per month and remain eligible for CERB.
The $3.8 billion program will provide up to $25,000 in subsidies per employer.
The effect of the sharply rising minimum wage has been sharply rising joblessness among Seattle’s low-wage workers.
When there’s no competition for services such as welfare and unemployment insurance, there’s no market discipline forcing government bureaucracies to listen to its “customers.”