With pay raises set to disappoint and almost 40 per cent of people around the world resolving to save more in 2023, some are looking for new ways to generate extra income with a side hustle.
Even as the job market remains strong worldwide, so does inflation, leading some to seek more money. While United States Labour Department data shows that wages rose 4.6 per cent in December compared with a year earlier, that still lags behind inflation, which rose 7.1 per cent in November from the previous year. US labour force participation ticked up in December and the unemployment rate dropped to 3.5 per cent, a five-decade low.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
