Concerns about Living Cost Pressure Rise as More Australians Take up Second Jobs

[Epoch-Times-Bot]

Concerns about Living Cost Pressure Rise as More Australians Take up Second Jobs

An increasing number of Australians are taking up a second job, which, to some experts, indicates the impact of rising inflation and costs of living on households across the country.
According to the Australian Bureau of Statistics (ABS), the number of Australians with multiple jobs rose to a record of 900,000 individuals in the June quarter, an increase of 4.3 percent compared to the previous three months and eight percent compared to a year ago.
Lauren Ford, head of labour statistics at the ABS, said the rise coincided with the historical low underemployment rates.
While a low underemployment rate suggests that more of the country’s productive resources are being utilised, workplace experts are concerned that the increased working hours indicate a weakening economy....

Source: Concerns about Living Cost Pressure Rise as More Australians Take up Second Jobs

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