As job loss continues to grip the nation and the full-time permanent job market struggles to recover, temporary jobs are proving to be a safety net for many people across the country, according to a new survey from staffing leader PeopleReady.
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“Job seekers who are struggling to find the kinds of full-time jobs they lost may want to consider a different approach”
The PeopleReady survey found that 51% of those taking temporary jobs have experienced job loss (either themselves or a household member) in the past month, and 78% of them are also looking for a full-time permanent job but having difficulty finding one (67%). The overwhelming majority of respondents (79%) said that income from temporary jobs has become critical in maintaining their household budgets since the economic downturn.
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“The full-time job market will take time to recover. Following an economic downturn, temporary jobs tend to return to the marketplace sooner,” said Taryn Owen, president of PeopleReady. “Temporary jobs are available now to connect people to work. Whether someone is out of work or looking to earn more money over the holidays, temporary employment can help.”
While the majority of respondents (67%) reported having more difficulty paying their bills since the economic downturn, nearly all of them (99%) said they rely on income from temporary work to pay for everyday household expenses, including rent or mortgage payments (43%), utility bills (15%), groceries (15%), car payments (7%), and other living costs (20%).
If they were unable to work, respondents reported their savings would last: one week or less (21%), 2–3 weeks (13%), 1–2 months (16%), 3–5 months (8%), 6–11 months (4%), a year or longer (4%). Many said they had no personal savings at all (35%).
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