More Aussies work multiple jobs as cost-of-living bites

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On Wednesday, the Australian Bureau of Statistics (ABS) released Labour Account data which showed that the number and share of people working multiple jobs hit a record high 6.5% in August.

The below chart from IFM Investors’ chief economist, Alex Joiner, plots the rise in multiple job holders:

Multiple job holders

Callam Pickering, economist at global jobs site Indeed, has also plotted the share of multiple job holders over time:

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Share of multiple job holders

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.