Unemployment rate may be at a record low, but confidence in the future far short of a record high

It is a sign of the times that in today’s political world, much of the focus is on rescuing the middle class. A generation earlier, the focus was on fighting poverty and improving life for those with the smallest share of the economic pie. But technology and globalization, along with the excessive power of financial capital, have changed all that.
At the same time, with limited real wage gains and high housing costs, Canadians are hard-pressed to set aside savings for their future retirement.
TORONTO—It's natural enough that in an election year when the unemployment rate is at a record low that the Trudeau government should feel a little boastful—and hope voters will reward them. But boasting wears thin and while the headline numbers look good, many Canadians nonetheless worry about...

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