The overall economy in Canada might be improving, but the labor market in the Great White North may not be getting any better, at least according to a new study that found a growing number of Canadians are becoming frustrated with the job market.
A new survey conducted by Harris Poll and published by Express Employment Professionals discovered that 39 percent of unemployed respondents agreed with the statement that “I’ve completely given up on looking for a job”; five percent agreed “a lot,” 11 percent agreed “somewhat” and 17 percent agreed “a little.”
More than one-third of the 1,500 jobless Canadians responded that they hadn’t had a job interview in more than a month, while 13 percent said they hadn’t a job interview since 2012 or before.
Eighty-six percent of respondents also agreed with the statement that “I’m becoming more discouraged the longer I am unemployed.” However, an overwhelming majority of unemployed Canadians are positive about the future as 93 percent agreed with the statement that “I’m hopeful that I will find a job I really want in the next six months.”
In addition, not all of the survey participants were receiving employment insurance (EI) benefits. Experts say that this is an important fact because it shows that many of the unemployed are dealing with considerable financial restraints and tight budgets.
“The results of this survey should serve as a wake-up call to policymakers that some unemployed Canadians are falling behind,” said Bob Funk, CEO of Express CEO Bob Funk, an internal staffing agency, in a statement. “If left unchecked, they could fall into a trap of prolonged unemployment and risk being left out of the workforce entirely.”
This isn’t a problem just in Canada alone. A similar study was conducted in the United States and the numbers are just as concerning.
The U.S. poll reported that 47 percent of unemployed Americans have completely given up seeking employment, compared to 39 percent in Canada. Furthermore, close to half (46 percent) of Americans have noted that they have not participated in any interviews in more than a month, compared to 36 percent in Canada.
“This survey should give policymakers and Canadian leaders a greater sense of urgency to focus on the singular goal of creating jobs,” Funk added. “The unemployed remain hopeful, but the longer they stay unemployed the harder it is. I encourage those looking for work to stay committed and to use all available resources available to them.”
The Canadian unemployment rate is 6.9 percent, but Statistics Canada does not include those who are in part-time jobs or not active looking for employment into their final calculations. The same data methodology can be found south of the border by the Bureau of Labor Statistics.
The online survey was conducted with 1,502 adults between Apr. 9 and Apr. 21.