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Growing number of Australians juggling multiple jobs to afford high cost of living and housing
Topic Started: 26 Jul 2017, 06:46 PM (554 Views)
Poontang
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http://www.abc.net.au/news/2017-07-26/growing-number-of-australians-juggling-multiple-jobs:-abs/8743872

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Australians are increasingly taking a second or third job to make ends meet, new numbers put out by the Australian Bureau of Statistics (ABS) show.
Key points:

763,000 Australians have a second job — 9 per cent jump in the six years to June 2016
13.2 million jobs in June 2016, but number of employed people was 12.5 million
Professor Buchanan hopes the Government notices the trend

The issue has been highlighted in a new release from the ABS called the Labour Account.

It estimated that 763,000 Australians were holding a second job — a 9 per cent jump in the six years to June 2016.

The labour account gave a broader view of the number of jobs in the economy, reporting that there were 13.2 million jobs in June 2016.

But it found the number of employed people was short of that figure, at 12.5 million — meaning a lot of people were working a second job.

That number was up 3.7 per cent on the previous year, and up 9.2 per cent over six years.

Bruce Hockman, ABS chief economist, said the labour account was a "new look at old data", going back to data from 2010/11 to 2015/16.

"So they're designed to track overall changes in the market, rather than instant snapshot," he said.

Professor John Buchanan, from the University of Sydney Business School, said labour account was useful in its ability to show how the issue was spread across the economy.

"And how they're concentrated in particular sectors," he said.

"Here you find that overwhelmingly the secondary jobs are in essentially two industries — which is admin support, and in health and social assistance."

He said he hoped the Government would notice the trend that the ABS numbers "make very clear".

"These things have been known to labour market researchers, but they have not been front of mind in the policy debate," Professor Buchanan said.

"There is an issue of underemployment and it's getting worse, and there's a problem of multiple-job holding and it's getting worse."

The ABS expects the labour account will eventually be released each quarter, a week after the national accounts.

While the most recent jobs figures did show a surge in full-time employment, the Reserve Bank said the trend toward part-time work was here to stay.
'Three days a week I don't go home'

Sophie Watkins, 29-year-old Hobart resident, has two mortgages and together with her partner dreams of eventually being able to afford a bigger house.

"But for us to be able to go further and achieve our goals … I need to work more," she said.

Ms Watkins said she pulled a 38-hour week at a Tasmanian government job.
Jobs data explained

ABC business reporter Michael Janda explains how the jobs data are calculated and what to look for in the figures.

But even with the state's relatively low house prices, she felt compelled to work a second job three nights a week at a shelter for young women.

"A normal day I would get up and I go to my full-time job, so I start there at 8:30 in the morning and I finish there at 5 o'clock," she said.

"And then I go to my next job which starts at 5:30 at night, and then I work overnight [and] I finish there at 8:30 in the morning, then I go straight to my next job.

"So for three days I don't come home and I just work back-to-back shifts."

Ms Watkins said while she would love to cut back her hours, she felt pushed into the situation by the high cost of living and housing.

And she said she was not the only one working to exhaustion.

"Lots of my friends and people I work with at my full-time job, they have second jobs and work to supplement their full-time income," she said.

"So we're not getting enough at our full-time job to be able to be able to afford to move forward in life."

'We can't work until we die'

Valeria Rodrigo lives on the New South Wales Central Coast and works full time in real estate by day and at a restaurant at least three nights a week.

"It's a struggle, definitely, and we're not alone, there's a lot of people out there that are doing the exact same thing," she said.

"The worst part of it all is you're doing this for your kids and a better lifestyle for your family, and you don't get to see the kids as often as you'd like.

"It's pretty hard. It's a pretty tough life at the moment."

The 31-year-old said increasing rent and living costs were behind the causes of her financial stress.

"Somethings got to happen, it can't go on forever like this," she said.

"The cost of living is just getting harder and impossible for … our generation, to buy a house or buy a car.

"So I definitely think they've [the Government] got to do something about it, because we can't work until we die."
There are some people who seem angry and continuously look for conflict.
Walk away, the battle they are fighting isn't with you, it's with themselves.

The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it.
The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.

Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
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DragonGM
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Those additional jobs are required to offset the falling wages occurring in the first job.
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Tick Tock
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Working BIG hours back to back is not only unhealthy but it's also VERY dangerous and your body and mental state declines from being overtired and exhausted which can cause workplace accidents and also traffic accidents when driving to/from jobs.

Maybe instead of having TWO mortgages they should sell the second house and pay off the first mortgage first.........duuuuh!!!! :to:

But i'm sure the've been sucked into the whole 'Equity and Negative Gearing' trend thats taken over the entire country.

K.I.S.S...........Keep it simple stupid! :lol
Edited by Tick Tock, 26 Jul 2017, 08:13 PM.
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Swine
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bah - toughen up.

when my father was growing up his father died when he was 12. he went to work, supported the family and studied all at once as a teenager. he wasnt the kind to complain either, just got his head down and got on with it.

the youngsters should take heed.

they are living in a very prosperous time and are lucky to even have a job let alone 2!

Cheers
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