When you are faced with a cancer diagnosis, life suddenly becomes very simple and incredibly precious. All that truly matters is making it through the battle ahead and, in the end, defeating this unseen enemy for good. Unfortunately, the practical necessities of life don’t just dissipate when cancer rears its ugly head. There are still matters of daily living to attend to, and that includes ensuring that you have the financial resources on hand to fund your treatment while protecting your family from hardship. More often than not, this will…
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Alberta, Canada, sees 91 percent spike in employment insurance recipients
The province that had previously had a boom in job availability is now facing astounding unemployment rates. New research from Statistics Canada has shown that the province of Alberta has reached a tremendous increase in employment insurance recipients when compared to the rate in January 2015. The Statistics Canada data has shown that the figure in January 2016 is a massive 91 percent higher. In fact, across the country, the number of people receiving employment insurance has increased by 7 percent, but the majority of that figure is actually the…
Read MoreLayoff insurance is thriving in the current economic situation in Alberta
Residents of the Canadian province are paying about $50 per month, per person, just in case. A new form of standalone layoff insurance is increasing in popularity in Alberta, Canada, and this is being seen as a fresh indicator that an economic downturn has made its way into the province. Thousands of layoffs have already occurred in the province, particularly within the energy industry. In response, an insurer is hoping to be able to profit and help people at the same time, providing them with both peace of mind and…
Read MoreState of the Union speech draws attention to wage insurance
President Obama brought up the topic of a long history of labor protection and the need for support for the unemployed. During the last State of the Union speech from President Barack Obama, he mentioned the topic of labor protection that has a lengthy history within the country and, within this subject, he brought up the concept of wage insurance. He underscored the importance of work done on the unemployment insurance and job-training programs currently available. Following the statement he made about the need for improvement in unemployment insurance and…
Read MoreEmployment insurance claims are on the rise in Canada
Claims have increased by nearly 30% in Alberta The number of those living in Alberta, Canada, applying for employment insurance benefits is on the rise, according to a report from Statistics Canada. Employment insurance in Canada is similar to unemployment insurance in the United States. Those applying for benefits receive temporary financial assistance while looking for work or improving their skills. Throughout Canada, employment insurance claims have risen by an average of 6.7%. Report shows that more than 500,000 Canadians currently receive employment insurance benefits According to the report from…
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