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Perceived job security in Canada falls to lowest since COVID-19

Perceived job security in Canada falls to lowest since COVID-19

BNN Bloomberg
Monday, April 22, 2024 04:48:34 PM UTC

Net job security plunged to 44.9 per cent, its lowest level since May 2020, according to a Nanos Research Group poll for Bloomberg News.

Net job security plunged to 44.9 per cent, its lowest level since May 2020, according to a Nanos Research Group poll for Bloomberg News. That’s measured as the share of respondents who say their job is “secure” or “somewhat secure” minus those who say it is “somewhat not secure” or “not at all secure.”

Almost three in 10 Canadians — 29 per cent — now say they are unsure how secure their job is, up 11 points in less than two months.

The data suggest workers aren’t necessarily turning outright pessimistic, but uncertainty is ballooning. Most Canadians remain confident they won’t lose their jobs, as 44 per cent said they feel their job is secure, while another 14 per cent said somewhat secure. Four percent responded somewhat not secure, while 9 per cent said not at all secure.

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