Over half (53 per cent) expect recession within next 12 months
Canadian job seekers are increasingly questioning the notion of job security as concerns about a potential recession grow, according to a survey.
The survey of over 500 respondents in June found that 78 per cent believe that no job is secure, regardless of performance, and 75 per cent say job security is becoming a thing of the past.
The findings reveal a significant shift in attitudes among Canadian workers. More than two-thirds (68 per cent) of employed job seekers report that they once felt stable in their careers, but now feel uncertain about their future.
Despite these anxieties, most employed job seekers remain confident in their current employers’ ability to provide job security, finds Express Employment Professionals: 72 per cent are confident in their company’s short-term prospects, and 66 per cent in long-term security. However, 75 per cent say changes in government policy have a greater impact on job security than decisions made by company leadership.
Recession fears are driving that doubt about job security, finds Express Employment Professionals.
Over half (53 per cent) of respondents expect a recession within the next 12 months, while 17 per cent believe Canada is already in a recession. Most job seekers (77 per cent) worry that any job they accept now could be at risk if the economy worsens, and 74 per cent are concerned about finding work during a potential or...
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