Canada’s Workforce Is Stressed As The Holiday Season Approaches: LinkedIn

Canada’s workforce is bracing for a tense holiday season, with fewer people planning to take time off this year and a majority reporting work or job-hunt related stress.

LinkedIn’s latest Workforce Confidence Index report – based on a survey conducted between November 2 and 15 – sheds a light on how LinkedIn members are spending the last couple months of the year of 2020, compared to the same period last year, as well as how men and women may be experiencing remote work differently.

Holiday plans and sentiment for the winter:

  • 88% of respondents are planning to do less traveling this holiday season, either within or outside the country.
  • 55% say they’re planning to take less time off overall than the same time last year, and just 13% are planning to take more time.
  • About 31% say they will spend more time working this year, compared to just 17% planning to work less and 53% planning to keep the course.
  • Some 65% of employed workers said they’d been somewhat or very stressed about their workjust entering the season, while 78% of jobseekers said the same about their jobseeking activity.

For the full results, including insights around the differing concerns among men and women working onsite and remotely, visit here

Methodology

LinkedIn’s Workforce Confidence Index is based on a quantitative online survey that is distributed to members via email every two weeks. Roughly 1,000+ Canada-based members respond each wave. Members are randomly sampled and must be opted into research to participate. Students, stay-at-home partners & retirees are excluded from analysis so we’re able to get an accurate representation of those currently active in the workforce. We analyze data in aggregate and will always respect member privacy.

Data is weighted by engagement level, to ensure fair representation of various activity levels on the platform. The results represent the world as seen through the lens of LinkedIn’s membership; variances between LinkedIn’s membership & overall market population are not accounted for. Confidence index scores are calculated by assigning each respondent a score (-100, -50, 0, 50, 100) based on how much they agree or disagree with each of three statements, and then finding the composite average score across all statements. Scores are averaged across two waves of data collection to ensure an accurate trend reading. The three statements are: [Job Security] I feel confident about my ability to get or hold onto a job right now; [Finances] I feel confident about my ability to improve my financial situation in the next 6 months; [Career] I feel confident about my ability to progress in my career in the next year.

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