Our Chief Economist, Shashi recently joined Adrian Finighan on Al Jazeera English to explore global labor trends and insights from Deputy‘s latest Big Shift Report. In partnership with Deputy, we analysed over 100,000 workers across 81 million shifts globally.
Here are the key highlights:
#1 Poly-Work on the Rise:
The surge in poly-work, where individuals hold multiple jobs, is fueled by escalating cost pressures, especially inflation and housing affordability challenges in developed nations.
#2 Global Peaks in Poly-Work:
Australia is experiencing 30-year highs in poly-work trends, while the US and UK are also witnessing all-time peaks in the share of poly-workers over the last decade.
#3 Youth Driving the Trend:
Young workers are at the forefront of this trend, strategically embracing multiple jobs to navigate job risks and ensure diversified income streams amid economic uncertainties.
Their discussion sheds light on the evolving dynamics of the global workforce, cost of living in developed city economics, and the strategic choices made by young workers.
Our Chief Economist, Shashi recently joined Adrian Finighan on Al Jazeera English to explore global labor trends and insights from Deputy‘s latest Big Shift Report. In partnership with Deputy, we analysed over 100,000 workers across 81 million shifts globally.
Here are the key highlights:
#1 Poly-Work on the Rise:
The surge in poly-work, where individuals hold multiple jobs, is fueled by escalating cost pressures, especially inflation and housing affordability challenges in developed nations.
#2 Global Peaks in Poly-Work:
Australia is experiencing 30-year highs in poly-work trends, while the US and UK are also witnessing all-time peaks in the share of poly-workers over the last decade.
#3 Youth Driving the Trend:
Young workers are at the forefront of this trend, strategically embracing multiple jobs to navigate job risks and ensure diversified income streams amid economic uncertainties.
Their discussion sheds light on the evolving dynamics of the global workforce, cost of living in developed city economics, and the strategic choices made by young workers.
https://www.aljazeera.com/program/counting-the-cost/2024/2/4/is-chinas-economy-in-serious-trouble