Most Canadians believe the country is still in recession

[Joe Shlabotnik]

Despite what Statistics Canada says, just over half of Canadians believe that the country is in recession, according to an annual outlook survey by Pollara.

In this year’s edition, 44 per cent said it feels like a mild recession, and 8 per cent said it feels severe. Forty per cent chose growth and 1 per cent selected strong growth. Another 7 per cent said they don’t know.

Jobs are the big worry, the survey found. A record high of 34 per cent of Canadians surveyed, just over a third, are concerned an immediate family member will lose his or her job this year.

That’s up from 25 per cent from last year’s results, and even higher than the 32 per cent registered following the 2008 recession.

“Even if the stock market is doing better than it was in 2008 or 2009, people still feel like there aren’t enough jobs out there or the job they have is in jeopardy because businesses are trying to cut back,” Arnold said.

More at: http://www.thestar.com/business/economy/2014/01/14/most_canadians_believe_the_country_is_still_in_recession_pollara_survey_finds.html

My neck of the woods took top honors in Ontario with an 8.8 unemployment rate.

[arthritisR_US]

1. I think the people are correct and stats Canada posts banking data where their world

is just peachy.

[ConcernedCanuk]

2. When people stop receiving EI (Unemployment Insurance) they don't count.

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StatsCan goes by those RECEIVING EI benefits, they have no mechanism to track those actually not working.

Welfare recipients, homeless, or others - they just fall off the radar.

Our governments are farming out our jobs to other countries, leaving the locals to scrounge for a living.

I recently learned that here in Northern (and probably other parts of) Ontario our SNOWPLOWING is contracted out to Australia.

Not much wonder our roads are poorly cleared and our Food Banks are overwhelmed.

Thanks Harper . . .

CC