Inflation Forcing More American Workers To Get A Second Job
Written by Tariq on July 25, 2022
With U.S. inflation racing ahead worker wages, a growing number of Americans are taking on second jobs to make ends meet. Three-quarters of middle-income Americans say they don’t earn enough to pay for the cost of living, according to a recent survey. As the pandemic erupted in the U.S. in 2020, roughly 4% of employed people held multiple jobs in the U.S., according to data from the St. Louis Federal Reserve. By June of this year, that figure had jumped nearly a full percentage point.
Although fewer people today are working multiple jobs, more Americans than ever hold two full-time jobs, amounting to more than 70 hours of work a week. In June, 426,000 people were working two full-time positions, compared to 308,000 in February 2020, according to federal labor data. Click Here To Read More.
Source: CBS News
