20 Jun 2013

Job Security Concerns on the Rise in Atlantic Canada

HALIFAX:  Concern about job security is rising, according to the latest survey conducted by Corporate Research Associates Inc.  When Atlantic Canadian residents were asked if they believe their job is more secure, about the same, or less secure than 12 months ago, three in ten (29%) residents feel less secure than one year ago (up from 22% in May, 2012). Meanwhile, over one-half (55%) of residents believe their job security to be about the same as 12 months ago (down from 60%) and one in six (14%) believe their job is more secure (down from 17%).

This is consistent with other research conducted by Corporate Research Associates that show four in ten  Atlantic Canadians identify unemployment as the single most important issue facing Atlantic Canadians today (42%, up from 28% one year ago), a number that has risen over the past two years and higher than any other issue identified.

“Given the stagnant economy, low wage growth, and stubbornly high unemployment” according to Don Mills, Chairman and CEO of Corporate Research Associates, “it is hardly surprising that nearly one-third of the workforce feel less secure about their jobs than one year ago.”

These results are part of the CRA Atlantic Quarterly®, an independent, quarterly survey of Atlantic Canadians, and are based on a telephone sample of 890 employed adult Atlantic Canadians, conducted from May 8 to May 30, 2013, with overall results accurate to within ± 3.3 percentage points, 95 out of 100 times.

For more information, please contact:
Don Mills, Chairman and CEO at (902) 493-3838
Margaret Brigley, President and COO at (902) 493-3830

View full media release here.

CRA Corporate Research Associates