Nearly 9 in 10 (89 percent) workers with second jobs plan to keep moonlighting in 2016, with a majority of respondents saying they are doing so to keep up with cost of living, according to a new survey by job site Indeed.
One-third of 3,000 people with full-time jobs surveyed by Indeed said they did some other kind of work to supplement their income in 2015. Of those who worked a second job, half said they did so to supplement their income, while 14 percent said it was because they wanted to “explore a new career.”
Stagnant wage growth is part of the reason for moonlighting, according to John Challenger, CEO of Challenger, Gray & Christmas, an outplacement consultancy based in Chicago. “It’s really a strong employment environment, with unemployment at 5 percent and unemployment for college graduates at 2.5 percent,” Challenger said. But one significant “missing piece is wages haven’t gone up as much as might be expected in a tight labor market.”
