Overemployment is a trend that has become increasingly prevalent in today’s workforce. It refers to a situation in which an individual is working more than 2 jobs at once at the same time. This is a new trend of the modern era, where workers are focused to absorb the cost of inflation and unfair job conditions.
Definition of Overemployment:
Overemployment defines as an “Individual working more than 2 jobs at the same time“, mostly it applies to remote jobs as 2 full-time remote jobs can be done at the same time.
What are the top reasons to for overemployment trend in 2023?
There are a number of factors that can contribute to an overemployment trend, including changes in the economy, technological advancements, and shifts in the job market. Economic downturns may lead to increased competition for jobs, leading individuals to take on multiple jobs. Technological advancements can also lead to increased productivity expectations and longer work hours. In addition, shifts in the job market, such as the gig economy can fuel the overemployment trend.
Tops 5 Reasons to be overemployed?
- Financial reasons: This is the most common and obvious reason for people to work 2 jobs at the same time. Many people work two jobs in order to make ends meet and increase their income. This may be because they are struggling to make enough money from a single job, or because they are saving up for a specific goal.
- Career advancement: Some individuals may choose to work two jobs in order to gain experience and skills in different fields, or to increase their chances of finding a better job in the future. This is an excellent way to break into a new career meanwhile maintaining the current career.
- Job security: In today’s economy, job security can be uncertain, and working multiple jobs can provide a safety net in case one job ends unexpectedly. With the Mass layoff from Twitter to Google, job security became irrelevant. Have two or more full time jobs can increase the chances having a job security.
- Interest and passion: Some people may have a passion for multiple careers and they may choose to work two jobs that align with their interests. If you are at a really boring job which can be done with some smart automation of your own high efficiency, then look into overemployment trend.
- Lack of benefits or part-time status: Some jobs may not offer benefits or may be part-time, which may not be enough to sustain the individual, so they have to take another job. Specially if you have a contract job without benefit, why not look for another job to work at the same time?
Overemployment trends in Canada and the USA share similarities. Having two jobs can bring benefits such as increased income and job security
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