Financial Hardship Surges as Cost-of-Living Crisis Squeezes Workers

Workers in America and around the world are reporting significantly higher levels of financial hardship compared to last year, as a cooling economy and high inflation has left a growing number cash-strapped and planning to quit in search of better-paid jobs.
Despite a softening economy and workers reporting growing levels of financial stress, the “Great Resignation” seems poised to continue, according to the latest PriceWaterhouse Coopers (PwC) workforce study.
Just over a quarter (26 percent) of workers surveyed by PwC plan to change employers in the next 12 months in hopes of finding better paid work, up from 19 percent last year.
Around 42 percent said they are planning to demand pay raises to offset the higher cost of living, up from 35 percent last year….