40% of Gen Z look for more than one job because of the cost of living

A survey recently completed by Kantar, a US company specializing in statistics, found that around 40% of Generation Z workers (born between 1995 and 2010) in the United States are looking for a second job to make ends meet. accounts.

According to the survey, the need for demand is due to the significant increase that the cost of living has been gaining in the US, with interest rate hikes, high inflation and other economic indicators that are negatives.

Among the main activities for earning extra income are jobs as a nanny, app driver, delivery man and freelancer service provider. According to the study, the additional value achieved by young people ranges from US$ 200 to US$ 1100 per month.

Data similar to those released by Kantar were collected by Microsoft, which conducted a survey where 48% of young generation Z workers responded that they had recently taken on more than one job in order to be able to pay their accounts.

This same Microsoft survey points out that 36% of Millennials (generation Y) and 30% of generation X also need to work in more activities to maintain themselves.

The Bureau of Labor Statistics, an official US government agency that specializes in surveying statistics, also confirmed the accelerated upward curve for this trend.

In addition, according to the agency, the number of young people looking for flexible jobs to combine more than one occupation and increase their income has grown.

All surveys and surveys cited were carried out throughout 2021 and 2022, years in which the US economy began the decline observed now, with the highest inflation in 40 years. High inflation directly affects product prices, which causes a decrease in the purchasing power of American families.

Graduated in History and Human Resources Technology. Passionate about writing, today he lives the dream of acting professionally as a Content Writer for the Web, writing articles in different niches and different formats.