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Ways to make money while job hunting

Jan 10, 2025 - businessinsider.com
Many Americans are struggling to find full-time employment due to a challenging labor market characterized by a widespread hiring slowdown. Despite the low unemployment rate compared to historical levels, competition for white-collar roles is stiff, and many job seekers, including those with advanced degrees, are unable to secure positions in their industries. People like Juan Pelaez and Rhonda Alexander have resorted to gig work, part-time roles, and selling personal belongings to generate income, but these efforts often fall short of covering their financial needs. Pelaez, who has been unemployed for over two years, has taken on significant debt and is pursuing additional skills to improve his job prospects, while Alexander is exploring new income streams after her part-time contract ended.

The situation is further illustrated by Amanda Wilson, who has struggled to find sustainable work due to physical limitations and has had to sell personal items to make ends meet. Despite applying to numerous jobs, she has only secured a part-time caregiving position, forcing her to rely on credit cards and savings. Many job seekers continue to face significant financial challenges, and the lack of feedback from employers has led to frustration and a cycle of endless applications. The article highlights the creative but often insufficient strategies individuals are employing to stay afloat financially while searching for stable employment.

Key takeaways:

  • Many Americans are struggling to find full-time jobs due to a challenging labor market and are resorting to temporary income-generating strategies.
  • Despite engaging in gig work and part-time roles, individuals like Juan Pelaez and Rhonda Alexander face significant financial challenges and debt.
  • Job seekers are exploring various income streams, such as selling personal belongings and pursuing additional skills or certifications, to improve their employment prospects.
  • The hiring slowdown in the US has led to increased competition for jobs, with many individuals experiencing long-term unemployment and financial instability.
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