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Lisa Tollis, Real Estate Salesperson, Royal LePage State Realty, Brokerage.

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Is the Recession Over? Depends who you ask.

Is the recession over? Depends who you ask


(NC)—Canadian employees and employers have completely different opinions about the effects of the current recession on their work and personal lives, according to the 2009 Desjardins Financial Security Health Survey.

One key difference between the two is their opinion of the recession duration. Employees are more pessimistic, saying that the recession will last 21 months (an average of 1.78 years). Employers on the other hand are more optimistic with 53.1 per cent saying that the recession will last one year or less (an average of 1.49 years).

When it comes to the current work environment since the start of the recession, employees and employers have completely different perceptions. Employees said that their work places have become more negative while employers felt that theirs had become more positive.

Close to half of employees in the survey said they are worried about losing their jobs and many believe that employers are using the recession as an excuse to cut staff. Ironically, 70 per cent of employers are increasing their workforces. Most employers have also improved benefits, communicated the business implications of the recession to staff and have supported employees who were dramatically impacted by the recession.

When asked whether the recession has negatively affected workers' work/life balance, both groups agreed. One quarter of employees and 37 per cent of employers also agreed that the recession has negatively affected employees' physical health. When asked if the recession has had an affect on staff's mental health, 35 per cent of employees and 63 per cent of employers said yes. Employees' stress levels were found to be another factor in their declining health, as 35 per cent said they are experiencing higher stress this year compared to last.

You can learn more about the 2009 health survey online at www.healthiscool.ca.

courtesy of- News Canada

Visit www.LisaTollis.ca for more information about Real Estate & Listings in Ancaster-Hamilton-Burlington Ontario and All of the Surrounding areas.

LisaTollis SRES.
Sales Representative
Seniors Real Estate Specialist
Royal LePage State Realty, Brokerage.
Hamilton Ontario
Office: 905 574 4600
Toll Free: 1 877 574 4601



Published Tuesday, August 25, 2009 8:39 AM by Lisa Tollis, Real Estate Salesperson


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