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Albertan’s Experiencing Job Anxiety Amidst Economic Climate

Posted October 9th, 2015 in Calgary, Economy, Edmonton, Employment, Media Release, News by Alex Zagoumenov

With mass corporate layoffs, a volatile market and future economic uncertainty, our September 2015 edition of the Eye on Alberta reveals that Albertans are experiencing a high degree of anxiety in terms of their personal employment situation.

 

  • Just over ½ (51%) of those in Alberta’s labour force are concerned about job loss or a cut in work hours, up 20% from January.

 

  • Results vary regionally, with almost 6-in-10 (57%) of Calgarians concerned versus only 4-in-10 (42%) in Edmonton.

 

  • The degree of concern also varies by region: 25% of those concerned Calgarians say they are ‘very’ concerned, while only 15% of Edmontonians say the same.

 

Employment anxiety is an important economic indicator, as it correlates closely with future “big ticket” and luxury purchasing behaviour, and is the most personal measure of consumer confidence.

 

To view the details of these September results and methodology, follow the link: Job Anxiety September 2015 EOA