May 4, 2009, Toronto – According to the
first results of the Desjardins Financial Security National Health Survey, a significant
number of workers in Canada feel they have lost control of their lives as the
economic recession grinds on, unemployment numbers rise and financial security
appears to be evaporating.
The study found that one-third of those
surveyed say they are more stressed now than a year ago. About 30 per cent of
employees across Canada are experiencing anxiety, losing sleep, and/or suffering
from headaches, muscle aches and other physical tension-symptoms which often
precede more serious problems.
Among their worries, three of the most
stressful aspects of their lives are associated with their employment-money,
workload and job security. The vast majority (83 per cent) agree that they pay
more attention to their personal finances and spending habits now than prior to
the recession. Employees appear to be working longer hours as 54 per cent feel
the current recession is having an impact on their work/life balance. As well,
43 per cent are now concerned about losing their jobs.
Another sign that employees may be
increasingly worried is their belief that the recession will last much longer
than most economists are predicting. The survey found that 34 per cent believe
the recession will last less than one year, while 47 per cent believe it will
go on longer than a year.
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