A recent survey by ResumeTemplates.com, the leading platform for free professional resume templates, reveals that holiday affordability is a significant concern for U.S. workers. Conducted in November 2024, the survey of 1,250 full-time employees shows that 70% are turning to extra work in gig roles, seasonal retail positions, or freelancing to manage holiday expenses.
1. Key Findings from the Survey
- Holiday Expense Challenges:
- 42% of respondents feel their current income is insufficient to afford holiday expenses.
- 16% say their income is “definitely not enough,” while only 18% feel it is “definitely sufficient.”
- Plans for Extra Work:
- 40% of respondents have already taken on extra work.
- An additional 30% plan to do so in the coming weeks.
2. Types of Extra Work
- Top Choices:
- Food and package delivery (42%).
- Seasonal retail jobs (32%).
- Freelancing, including writing and graphic design (27%).
- Other Options:
- Ride-sharing services (26%).
- Pet or house sitting (16%).
- Social media influencing (15%).
- Restaurant or bar work (14%).
3. Motivations for Additional Work
- Primary Reasons:
- Covering gift costs (81%).
- Funding holiday meals and gatherings (50%).
- Managing travel expenses (38%).
- Flexibility and Appeal:
- Gig and freelance work is short-term, skill-based, and often requires minimal training.
4. Impact on Primary Jobs
- Over 25% of workers taking on extra work expect a decline in productivity at their main job.
5. Expert Insights
Julia Toothacre, Chief Career Strategist at ResumeTemplates.com, explains:
“Seasonal work and gig opportunities offer flexibility and require minimal experience, making them attractive options for workers needing extra income during the holidays.
The findings highlight the financial pressure many workers face during the holiday season and the growing reliance on flexible gig and seasonal jobs to bridge the gap. As more workers turn to these opportunities, the survey underscores the evolving nature of work and its role in addressing financial challenges.