Cost of living Articles
marketing | 15 December 2022
UK wages rose in the three months to October, but continued falling in real terms amid the ongoing cost of living crisis.
Figures also revealed that while unemployment is still low, it increased slightly to 3.7%. Meanwhile the number of open job vacancies fell by 65,000 to 1.19 million.
The Office for National Statistics figures show that both average total pay (including bonuses) and regular pay (excluding bonuses) increased by 6.1% between August and October 2022.
Jobs website Indeed has reported a significant increase in the number of workers seeking out additional part time and casual work to cope with the cost of living crisis.
The recruitment platform found that searches for ‘weekend only’ work and ‘night shift part-time’ jobs were up 120% and 110% respectively in the three months to January 2023.
The data also showed a surge in searches for low-skilled jobs, with searches for 'warehouse part-time' increasing by 252% and 'retail part-time' increasing by 124%.
With the cost of living going up many freelancers will be looking at ways to save money or boost their income.
One of the main benefits of working as a freelancer is that it’s easier to find additional work when you need to.