Rising Living and Education Costs Drive
Students to Consider Temporary Work
AUSTIN,
Texas, July 8, 2024 /PRNewswire/ -- Students
nationwide are feeling financial pressure according to new research
from Indeed Flex, the online marketplace for flexible and
temporary workers. Rising living expenses and education costs are
the top reasons why 80% of students are considering temporary work.
[1]
- Flexibility drives 74% of students to choose temporary work
while studying due to open shifts providing the ability to work
where, when, and how often they want
- 85% of students want to take on two or more shifts
- Two-thirds of US students report juggling rent payments and
studies
- 26% prefer temp work to experience new roles across different
industries
Almost 19 million students were enrolled in post-secondary and
graduate school in 2023/24, according to Education Data Org.
[2]
Survey data reflects students prefer retail jobs, resulting in
retailers potentially experiencing a surge in applicants.
- 41.5% of students consider retail
- 24.4% of students consider healthcare
- 12.2% of students consider hospitality
- 11.8% of students consider call center agents
- 6.1% of students consider facility maintenance
- 4.5% of students consider industrial
Students may experience increased financial stress not knowing
if they are approved for federal, state, or school financial aid
and how much they can expect due to an overhaul in the Federal
Student Aid (FAFSA) application. The 2024–2025 submission form
deadline is delayed until December, previously submission was due
in October. [3]
Students looking for a quick way to make extra money, Indeed
Flex offers Same Day Pay, a workforce payments platform
powered by Branch. Receiving pay in advance means they can receive
up to 50% of their earnings each time they complete a shift.
Indeed Flex provides students instant access via a mobile app to
find and book shifts. Its flexibility allows them to choose from an
extensive range of consistent jobs with committed employers. The
option to receive an advance on earnings will help reduce stress
around money.
Novo Constare, CEO and Co-founder of Indeed
Flex, said: "For students, the advantage of flexible work is
the ability to choose shifts that fit days/hours that work best
around their lifestyle, classes, or childcare.
"Being able to access half your earnings in advance makes it
easier for students to keep ahead of bills and control
finances.
"Inflation is slowing, but some key household essentials are
still at elevated prices, temping is a flexible way for students to
pick up extra money to offset expenses.
"For employers, having access to a pool of students gives
instant flexibility to scale workers to match customer demand."
To learn more visit www.indeedflex.com.
About Indeed Flex
Indeed Flex is a temporary staffing platform that connects
workers and employers through speed, quality, and choice. Job
seekers can instantly access work on the Indeed Flex app and choose
from an extensive range of jobs, across different industries and
employers that best fit their skills, experience, availability, and
location. As part of Indeed, the number one job site in the world,
Indeed Flex connects talent with temporary, temp-to-permanent, and
long-term work opportunities that fit their needs. To learn more,
visit www.indeedflex.com.
Press Contact:
Renee Borsack at 949-233-2575 or
380035@email4pr.com.
- Indeed Flex survey of 1,000 US students between the age of
18-44, June 2024
- Source Education Data Org, college enrollment statistics,
January 2024
- Source Federal Student Aid, June
2024
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SOURCE Indeed Flex