A recent survey conducted by Leger found that young Canadians are more pessimistic about Canada's economic situation compared to last year, and they are more willing to stay in their current jobs rather than leave.

The results are part of the latest Leger Youth Study report, released on Thursday, which surveyed 3,007 Canadians aged 15 to 39 with questions about finances, the future, and employment.

The survey, conducted between September 27 and October 11, found that 74 percent of Gen Z and Millennial Canadians do not believe the country's economic situation will improve in the following year, compared to 66 percent surveyed in 2021.

Seventy-three percent also said they do not believe Canada's political situation will improve in 2023, down from 77 percent in the last survey.

Meanwhile, 78 percent do not believe the current environmental situation will improve, a slight decrease from 79 percent in 2021.

The survey also asked respondents about their overall happiness, with 67 percent saying they feel generally happy in life compared to 23 percent who disagreed.

More young Canadians, 26 percent, said they suffered from severe depression, up from 21 percent in 2021.

When asked about their personal financial resources, 22 percent of young people considered themselves to be in good shape, compared to 47 percent who said they were average and 28 percent who said they were poor.

Also among homeowners surveyed, 42 percent said their mortgage consumes a large portion of their expenses.

Among renters, 77 percent said they rent because they are unable to purchase property, and 68 percent do not believe they will be able to buy in the next few years.

Also, 66 percent of young people living with their parents said they do so because they cannot buy property or pay rent.

Similarly, 67 percent of participants said that work is very or somewhat important in their lives compared to 31 percent who said it is either not important at all or just a means to pay the bills.

However, young people are currently more likely to stay in their current jobs, at least in the short term, as 13 percent said they want to change jobs in the coming year, down from 25 percent in the 2021 study.

Among young people intending to leave their jobs in the next year, 59 percent said they could be convinced to stay if their employer increased their salaries. More benefits and freedom with their work schedule and location ranked second at 24 percent.