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How workers are hedging their bets ahead of a potential recession

December 12, 2022

A majority of U.S. adults are anticipating a recession in the next year — and many are trying to hedge their bets with a second job. That’s according to a new American Staffing Association Workforce Monitor online survey conducted by The Harris Poll, which found 77% of adults believe the U.S. economy is either on the road to a recession in the next 12 months or is already there. Among other findings, the survey found 72% of Gen Z respondents say they are likely to pick up a second job or side hustle to earn extra income. Overall, about 20% of respondents said they were very likely to look for a second job, including about 68% of those making under $50,000 per year. Experts have said the dynamic could help make it easier for employers to find talent — especially those willing to be flexible by hiring part-time or seasonal workers.

Article Source: Baltimore Business Journal

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