{"id":24422,"date":"2025-09-18T21:36:11","date_gmt":"2025-09-18T21:36:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/24422\/"},"modified":"2025-09-18T21:36:11","modified_gmt":"2025-09-18T21:36:11","slug":"unemployment-cost-of-living-top-canadians-worries-not-trump-or-u-s-tariffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/24422\/","title":{"rendered":"Unemployment, cost of living top Canadians\u2019 worries, not Trump or U.S. tariffs"},"content":{"rendered":"

\"\"<\/a>Source: Facebook<\/p>\n

With young adults facing the weakest summer job market in over a decade, Canadians are increasingly anxious about the economy and unemployment, while concerns over U.S. President Donald Trump and American tariffs are fading.<\/p>\n

According to a new study<\/a> by the Angus Reid Institute, youth unemployment is now a \u201ckey concern,\u201d and 40 per cent of respondents saying they are worried they or someone in their household may lose their job due to the economy.<\/p>\n

The fear was consistent across all income levels but highest among 18- to 24-year-olds.<\/p>\n

\"\"<\/a>Source: Angus Reid<\/p>\n

\u201cConcern over jobs among young Canadians climbing sharply as the unemployment rate remains elevated,\u201d reads the study<\/a> published on Wednesday.<\/p>\n

\u201cApproaching two-in-five (37 per cent) 18- to 24-year-olds choose jobs and unemployment as a top issue facing the country. That\u2019s double the proportion who said the same last December (18 per cent) and up nine points since June (28 per cent).\u201d<\/p>\n

\"\"<\/a>Source: Angus Reid<\/p>\n

Meanwhile, the proportion of those choosing tariffs and U.S. relations as a top issue facing Canada has dropped dramatically from 41 to 18 per cent, while cost of living topped the priority list at 53 per cent. <\/p>\n

\"\"<\/a>Source: Angus Reid<\/p>\n

Prime Minister Mark Carney may have benefited greatly from the timing of the last federal election, with many Canadians worried about U.S. President Donald Trump and his threat to impose stiff tariffs on all trading partners.<\/p>\n

However, as Canada-U.S. trade negotiations have dragged on, the \u201cElbows Up\u201d sentiment has \u201clargely diminished.\u201d<\/p>\n

In perhaps the most shocking number, 57% of respondents said they can\u2019t keep up with the cost of living. <\/p>\n

\"\"<\/a>Source: Angus Reid<\/p>\n

Employment trends did not fare well over the summer and have been largely negative, with 66,000<\/a> jobs lost in August alone.<\/p>\n

Canada’s unemployment rate rose from 6.9 to 7.1 per cent.<\/p>\n

A study found 37 per cent of respondents said jobs and unemployment should be Canada’s top priority, a figure that has doubled in the past nine months.<\/p>\n

Two-in-five Canadians are concerned they or someone in their household may lose a job due to the current economy. This is an increase from 2022 and 2023 data, but 13 points lower than the proportion in March 2021.<\/p>\n

\"\"<\/a>Source: Angus Reid<\/p>\n

Only one-in-three respondents feel their job is totally secure, while just over half said it’s mostly secure. Canadians aged 30 and under were the least likely to report feeling their job is “totally secure” compared to other age groups.<\/p>\n

Youth unemployment in Canada hit 14.5 per cent<\/a> last month, up from 14.2 per cent in July and marking the highest rate in 15 years, excluding 2020 and 2021.<\/p>\n

Conservative Leader Pierre Poilievre criticized<\/a> the Liberal government for this problem, stating that it’s their immigration policies that are hindering job prospects for Canadian youth.<\/p>\n

\u201cAs our young people have a quarter-century high in their unemployment, Mark Carney this year is expected to bring in a record number of temporary foreign workers to take the jobs of Canadian youth,\u201d said Poilievre during a press conference<\/a> in Charlottetown, Prince Edward Island, last month.<\/p>\n

Poilievre also accused Prime Minister Mark Carney of \u201cdriving down our kids’ wages and their ability to earn a living.\u201d<\/p>\n

Share<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Source: Facebook With young adults facing the weakest summer job market in over a decade, Canadians are increasingly…\n","protected":false},"author":2,"featured_media":24423,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-24422","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/24422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=24422"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/24422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/24423"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=24422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=24422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=24422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}