Tuesday, November 8, 2022

4.5 Million Cash-Strapped Americans Turning to Second Jobs to Supplement Their Incomes

4.5 Million Cash-Strapped Americans Turning to Second Jobs to Supplement Their Incomes

More Americans are turning to second jobs as the holidays approach and inflation rates continue to soar, making many pinch pennies.

A new jobs report for October from the Labor Department showed that the percent of Americans working a part-time job on top of their full time job rose six percent from one year ago, The Daily Mail reported.

That number equals out to 4.5 million individuals overall.

Additionally, employers added 261,000 new jobs last month. The number is the lowest since December 2020, according to the Wall Street Journal.

Unemployment numbers currently hover around 3.7 percent, up .2 percent from September.    

"The unemployment rate has been in a narrow range of 3.5 percent to 3.7 percent since March," the jobs report for October said.

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