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WHY THE US UNEMPLOYMENT BENEFIT SYSTEM IS BETTER THAN CANADA’S $2000/MONTH (PAYS MORE, LASTS LONGER)

Dr. Chhoda compares the unemployment benefit system in the United States and compares it with the $2000/month in Canada under the CERB program.

Compared to Canada, unemployment benefits in the United States pay more and last longer because:

1. $2000 CAD is equivalent to $1531 USD. The average state benefit in the United States is $333 a week, which is $1332 a month PLUS the federal booster (previously $600/week for several months, currently $300/$400 a week since 45 states have been approved and 5 states have started paying)

2. The $600/week federal booster was stacked ON TOP OF the state unemployment benefit system until July 31, 2020 providing a grand total of $4000 a month (average) from April through July 2020 (in Canada you can have EITHER the state benefit OR the $2000/month CAD – the two CANNOT be stacked)

3. The Canadian $2000/month under the CERB program lasts for a maximum of 28 weeks, but the state benefit in the US lasts for an average of 39 weeks (including extended benefits)

4. The Canadian $2000/month ends on October 3, 2020 but the US PUA program lasts until December 31, 2020.

TABLE OF CONTENTS

0:00 Comparison of US’ and Canada’s Unemployment Benefit System
1:18 Canada Emergency Response Benefit (CERB)
3:24 Average Unemployment Benefit in US
5:58 Canada’s EI Regular Benefits VS. CERB
9:24 US Unemployment Benefit System is Better than Canada’s Benefit System

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Unemployment Benefits Crash Course

Remote Work 101

References:

https://www.canada.ca/en/services/benefits/ei/cerb-application/questions.html

https://www.canada.ca/en/services/benefits/ei/ei-regular-benefit/benefit-amount.html

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