Consumer confidence in Canada fell 3.9 index points in June to 119.1, amid unease about future job prospects, according to a report a report from the Conference Board of Canada released Friday.


“The future job situation is the biggest concern for survey respondents, especially since the Canadian labour market suffered job losses in the last two months,” said Paul Darby, vice president and chief economist.

In the monthly Index of Consumer Attitudes survey only 15.8% of respondents felt that there will be more jobs six months from now — close to five percentage points lower than the May survey.

Spending was the lone category where respondents expressed optimism. When asked whether the present was a good time to make a major outlay for a car or home, 61.8% of respondents felt it was a good time, an increase of 1.4 percentage points.

The survey was conducted during a five-day period starting June 12, after employment numbers fell in both April and May.