Slow wage growth continues to impact many U.S. workers, with 89% of moonlighters planning to keep their part-time second jobs in 2016 either fully or in part, and over 50% doing so to keep up with “cost of living,” according to a new survey by Indeed.com.
 |
The survey—which polled over 3,000 people nationally with full-time jobs—showed over a third did some other kind of work to supplement their income in 2015. Over half of that subset did so in order to keep up with “the cost of living,” while 13.9% did so to “explore a new career.”
“Employers have been slow to raise salaries despite increasingly strong demand for workers in 2015, and this survey shows many wage earners don’t expect that to change in 2016,” said Tara Sinclair, chief economist for Indeed. “While many people take on part-time jobs for extra spending money or as a hobby, the survey shows the majority are working to make ends meet, a situation we hope to see change in 2016 as a stronger economy boosts wages.”