Growing number of professionals face job insecurity, study finds
A higher education and professional career can be the gateway to many privileges — but amidst Canada’s shifting economic tides, job security isn’t always one of them, according to a new study.
A survey released on August 21/18 of 1,000 professionals across the country found that one in five are in precarious jobs, working contract-to-contract, part-time, or freelance.
More than half of those in insecure employment said their income varied significantly, and 60 per cent said they don’t have pension plans or sick pay.
Conversely, 85 per cent of professionals with secure jobs had pensions and 94 per cent said they got paid if they were ill.
Regardless of job status, the study conducted by progressive think tank the Canadian Centre for Policy Alternatives found a “widespread sense of economic insecurity,” with 58 per cent of all professionals surveyed reporting their job used to be more stable.