A majority of Americans say they are being forced to search for extra work as inflation increases the costs of living.
While workers hope to take on extra work before the holiday shopping season, employers may not be as eager to hire due to recession fears and less consumer spending.
As CNBC reported, Walmart is planning on hiring 40,000 workers this holiday season, which is drastically down from the 150,000 retail workers and 20,000 supply chain workers that were hired the previous year. That potentially puts the 58 percent of respondents who said they were interested in short-term work in a tight spot this holiday season. However, 65 percent did say they would consider opportunities that would go beyond the new year.
Even though a large number of those surveyed cited “work/life balance” , “schedule/flexibility” , and “prioritizing my mental health” as priorities when considering a job, most considered “wages/pay” as a priority for selecting a job. The survey was conducted in September, asking more than 1,000 American workers from various backgrounds.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How butcher shops are adjusting to a change in bulk buying habits by consumersNew study shows 33% more Americans are buying in bulk due to inflation. Butcher shops are adapting to the change in consumer habits.
Read more »
First on CNN: 71% of workers say their pay isn't keeping up with inflation | CNN BusinessThere is growing evidence that Americans are struggling to keep up with crushing inflation.
Read more »
Americans will get the economy they vote for, so be carefulSurvey results this election cycle have repeatedly indicated that voters consistently identify inflation and cost of living as the most important issue facing the United States
Read more »
Inflation has yet to peak, CFOs say, and recession is already here or soon to hitA majority of CFOs surveyed by CNBC said they do not think inflation has peaked, and some expect a recession for the economy sooner than previously forecast.
Read more »
Germany: Annual CPI inflation jumps to 10% in September vs. 9.4% expectedGermany: Annual CPI inflation jumps to 10% in September vs. 9.4% expected – by eren_fxstreet Germany Inflation Macroeconomics EconomicIndicator CPI
Read more »