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More Americans are getting a second job to offset sting of high inflation
Fox Business ^ | February 6, 2024 | Megan Henney

Posted on 02/07/2024 6:45:08 PM PST by anthropocene_x

The Labor Department reported on Friday that nearly 8.13 million people held multiple jobs in January – up from 7.87 million one year ago. In total, they represent about 5.1% of the total U.S. workforce, an increase from 5% just one year ago.

The growing likelihood of Americans holding more than one job comes as they continue to confront stubbornly high inflation that has rapidly eroded their purchasing power.

In fact, the government reported last month that the average hourly earnings for all employees was $11.10 in December, which represents a 2.89% decline from the $11.43 figure in January 2021, shortly before the inflation crisis began.

By that measure, the typical U.S. worker is worse off today than two years ago, even though nominal wages are rising at the fastest pace in years.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy
KEYWORDS: biden; bideneffect; economy; jobs
Work hard, Americans. Go above and beyond. So that you can pay taxes. How else will we finance billions to Ukraine and prepaid cards and hotel accommodation for illegals.

And if voters complain if taxes are raised, well money printing is a great stealth way to get the funds for the government boondoggles. Rising inflation can always be blamed on someone else.

1 posted on 02/07/2024 6:45:08 PM PST by anthropocene_x
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To: anthropocene_x

Avg is $11.10? Do these people live in the woods?


2 posted on 02/07/2024 6:57:20 PM PST by EEGator
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To: EEGator

I worked two jobs for 30 years of my life.

Still work part-time at 18 plus dollars an hour and I’m just a janitor in Pennsylvania outside the big cities.


3 posted on 02/07/2024 6:59:56 PM PST by Nextrush (FREEDOM IS EVERYBODY'S BUSINESS-REMEMBER REV. NIEMOLLER)
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To: anthropocene_x
(More Americans are getting a second job to offset sting of high inflation)

GREATEST ECONOMY EVER!!!

So great, a person needs 2 jobs to pay for Democrat Joe Biden's Inflation.

We're past Christmas but Joe is still wrecking everything.




4 posted on 02/07/2024 7:10:50 PM PST by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They did Eat, They Drank, They Bought, They Sold ......)
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To: anthropocene_x

puts these “huge job gains” in a different perspective.

Too bad our orgs are not full funding to blanket the airwaves with an ad blitz to cement this in people’s minds to counter the media propaganda that things are just going swimmingly.


5 posted on 02/07/2024 7:44:37 PM PST by Republican Wildcat
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To: anthropocene_x

The Bidung team will count each additional job taken as another person working. Effectively double-counting.


6 posted on 02/07/2024 8:18:13 PM PST by vpintheak (Pinko misanthrope)
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To: anthropocene_x
Work hard, Americans. Go above and beyond. So that you can pay taxes. How else will we finance billions to Ukraine and prepaid cards and hotel accommodation for illegals.

Don't forget another $17 billion to Israel, --a country that provides its citizens free healthcare, free prescription drugs, and free college educations.

7 posted on 02/07/2024 8:23:47 PM PST by Drew68
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To: anthropocene_x

The White House said Americans would get 2nd jobs to support Ukraine...


8 posted on 02/07/2024 8:46:08 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Drew68
Don't forget another $17 billion to Israel, --a country that provides its citizens free healthcare, free prescription drugs, and free college educations.

While America turns to s***, American homeless everywhere, as the U.S. government rolls out the red carpet for millions of criminal aliens.

9 posted on 02/07/2024 8:51:51 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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