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[Music] what is employment insurance employment insurance i is an unemployment insurance program in canada it allows canadian citizens who have recently lost their job to receive financial assistance although this assistance is temporary its beneficial while these people are looking for new jobs in fact ei also provides services to help unemployed individuals find a new job employment insurance can also apply to individuals who arent able to work because of a personal or family illness it can also apply to those who are caring for young children at home how much does i pay per month in general employment insurance will pay you 55 of your weekly earnings each week however there is a maximum currently the maximum yearly payout is 51 300 this comes out to five hundred forty three dollars per week how long does ei last you can receive employment insurance payments between 14 and four to five weeks this depends on several factors and while you apply for employment insurance what the unemp