Young Canadians are increasingly pessimistic about Canada's economic situation compared to a year ago and are more willing to stay in their current jobs than leave, a recent survey from Leger shows.
, which asked 3,007 Canadians between the ages of 15 and 39 questions about finances, the future and employment.
Seventy-three per cent say they also don't believe Canada's political situation will get better in 2023, down from 77 per cent in the last survey. More young Canadians, 26 per cent, also say they have experienced significant depression, up from 21 per cent in 2021.Asked about their personal finances, 22 per cent of young people considered them to be in good shape, compared to 47 per cent who said they were normal and 28 per cent who described them as poor.
Forty-four per cent said they were living paycheque to paycheque, about one-third expect to be richer than their parents and 24 per cent do not have any investments. A majority, 66 per cent, of young people living with their parents also said they are doing so because they can't buy property or pay rent.Sixty-seven per cent of respondents said work is very or somewhat important in their lives compared to 31 per cent who said it is either not important at all or just a way to pay the bills.
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