In a sign of tough times, record numbers of Australians are taking on multiple jobs to survive the cost-of-living crunch.
We have just written three resume revamps and two targeted cover letters for people looking for a second job in Adelaide.
New figures show the Reserve Bank’s interest rate rises have lifted inflation for working families to almost 10 per cent. Discretionary spending has been slashed.
The number of Australians holding down more than one job has reached 950,000 – an increase of 89,000 people over the past 12 months – with large jumps in the hospitality, community, education and administration sectors.
According to the Australian Bureau of Statistics (ABS), one-in-six multiple job holders or more than 155,000 people are working in the health and social assistance area.
Women are much more likely than men to have more than one job, as are teenagers and people in their early 20s.
While the traditional consumer price index tracks the cost of building new homes, a separate measure of inflation maintained by the bureau includes mortgage interest charges.
For working families, the sharp lift in interest rates – which jumped by almost four percentage points in the 12 months to June – pushed their real inflation rate to 9.6 per cent.