Housing Costs May Be Affecting Employment Numbers

 

 

Housing Cost May Be Affecting Employment Numbers

People quit jobs if they grow discontented, and rising rental costs may be causing some discontent: 51.2% of workers say they plan to look for a new job this year.

Renters have adopted different tactics to help offset the higher prices.

Some have decided to split expenses between a larger group of people: Nearly one-third of renters say they’ve combined households during the pandemic and 11% plan to in the future.

 

However, many renters are now looking at the income side of the equation, seeking ways to boost their earnings in order to afford the cost of rising rent.