Skip to main content

The Globe and Mail

Canadians grow pessimistic about economy and jobs, except in the west

People looking for work employ the services available at Youth Employment Services in downtown Toronto on April 24 2014.

FRED LUM/THE GLOBE AND MAIL

The Conference Board says Canadians are getting increasingly pessimistic about the economy and the availability of jobs – except if they are in the booming West.

The think-tank's consumer confidence survey slid one point to 85.9 in July, the third month in a row that it has fallen.

The big reason, says the Conference Board, is that there's still a significantly large number of people who see the jobs picture darkening going forward with 22.7 per cent saying they expect fewer jobs in the next six months, compared with 15.9 per cent who expect more.

Story continues below advertisement

The pessimism about jobs is highest in Atlantic Canada, where only 5.9 per cent expect there to be more jobs in the next six months.

But optimism remains high in the West. Confidence grew in the Prairies 4.5 points in July to 107.8.

And even though the confidence index fell 9.9 points in British Columbia, it remains high at 105.9, or 20 percentage points above the national average.

The survey was conducted between July 3 and July 14, and has a margin of error of plus or minus 2.1 percentage points.

Report an error
Comments

The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at privacy@globeandmail.com.