EI Claims are Up April 2009
EI Claims for March 2009 were up, which was not surprising given we were in the middle of the Debt Implosion starting in 2008.
EI Claims for March 2009 were up, which was not surprising given we were in the middle of the Debt Implosion starting in 2008.
Unemployment in March 2009, was at a high 8.0% , and at the time I was unemployed as well. Things got better but only after a long wait.
Budget day in Ontario 2009, was a day of spending to get out of the Financial Apocalypse of 2008!
In early 2009, Canada’s unemployment rate spiked to 7.2%, highlighting the deepening effects of the global financial crisis. This post examines how rising unemployment strains family finances, alters consumer confidence, and reshapes economic forecasts. It reflects on personal resilience in tough times and the importance of financial preparation—including emergency savings and debt management. As history shows, unemployment impacts not just the numbers, but the everyday lives of Canadians navigating uncertain futures.
Keywords: unemployment, job loss, Canadian economy, financial crisis 2009, unemployment rate, recession planning, emergency fund, economic resilience
In 2010 TD decided to jack the interest rate on my unsecured line of credit, and it’s rate keeps rising, unfortunately.