Over half of working Americans have considered holding multiple jobs to pay their living expenses as inflation remained stubbornly high in September and real wages fell.
About 38% of workers have looked for a second job, while an additional 14% have plans to do so, according to a survey of more than 1,000 full-time US employees by Qualtrics International Inc., which makes software used by over 16,000 organizations. At the same time, 18% of working adults said they had moved to an area with a lower cost of living to cut expenses, and another 13% plan to do so.
Working parents, in particular, are in the hot seat. About 70% say their pay isn’t keeping up with rising expenses. A recent Brookings Institution study estimated that the current spike in prices means it will now cost more than $300,000 to raise a child to age 17, up $26,000 since inflation took hold.
[Does anyone think that people who are feeling forced to find extra work will be likely to vote for the status quo? — Ed]
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