Survey: Economic optimism in B.C. lags behind national average

VANCOUVER (NEWS1130) – Optimism about employment and the economy is on the rise across the country, just not so much on the West Coast. More of us are losing sleep over job anxiety in B.C. than anywhere else in Canada.

The latest R.B.C. Consumer Outlook Index suggests we are more optimistic than last quarter, but not much. Twenty-five per cent of us are worried about our jobs, well above the national average of 20 per cent. About two-thirds of West Coasters think the current economy is good, but it drops to just over a half when asked if the economy will improve over the next 12 months. The national average is 55 per cent.

One of the bigger worries nationally is interest rates. Two-in-three Canadians are concerned they’ll be bumped up again. Most expect to see increases within the next six months.

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