Young Canadians are more optimistic than pessimistic about the job market, survey finds

Young Canadians are significantly more optimistic than pessimistic about the job market and, by a two-to-one margin, believe their generation will enjoy a standard of living higher than that of their parents, according to a new Abacus Data survey of Canadians aged 18 to 35.

Close to half (45%) of young Canadians say they are optimistic about the job market for people such as themselves, compared with 20% who are pessimistic. However, opinions on the job market itself are mixed. Asked to describe employment opportunities for people like them who may be looking for work in the area where they live, 48% said they were excellent or good, while 51% said the situation is poor or very poor. Those living in the Prairies and Quebec were more positive about the job market than those in BC, Ontario or Atlantic Canada.

Respondents aged 18 to 24 were somewhat more optimistic about the job market than those aged 25 to 35. Among those currently pursuing post-secondary education, respondents studying in information technology, health, business and engineering/science fields were more optimistic than those in arts or social science programs or the trades.

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