Temporary Jobs Providing Crucial Safety Net in COVID Economy, PeopleReady Survey Finds

11/12/2020

More than half of people taking temporary jobs have been affected by job loss, full-time employment elusive for many

TACOMA, Wash.--(BUSINESS WIRE)-- As job loss continues to grip the nation and the full-time permanent job market struggles to recover, temporary jobs are proving to be a safety net for many people across the country, according to a new survey from staffing leader PeopleReady.

The PeopleReady survey found that 51% of those taking temporary jobs have experienced job loss (either themselves or a household member) in the past month, and 78% of them are also looking for a full-time permanent job but having difficulty finding one (67%). The overwhelming majority of respondents (79%) said that income from temporary jobs has become critical in maintaining their household budgets since the economic downturn.

“The full-time job market will take time to recover. Following an economic downturn, temporary jobs tend to return to the marketplace sooner,” said Taryn Owen, president of PeopleReady. “Temporary jobs are available now to connect people to work. Whether someone is out of work or looking to earn more money over the holidays, temporary employment can help.”

While the majority of respondents (67%) reported having more difficulty paying their bills since the economic downturn, nearly all of them (99%) said they rely on income from temporary work to pay for everyday household expenses, including rent or mortgage payments (43%), utility bills (15%), groceries (15%), car payments (7%), and other living costs (20%).

If they were unable to work, respondents reported their savings would last: one week or less (21%), 2–3 weeks (13%), 1–2 months (16%), 3–5 months (8%), 6–11 months (4%), a year or longer (4%). Many said they had no personal savings at all (35%).

“Job seekers who are struggling to find the kinds of full-time jobs they lost may want to consider a different approach,” added Owen. “Temporary jobs can help them bridge employment gaps, build new skills, and establish relationships with potential employers—all while providing much-needed income.”

PeopleReady has a variety of ways for job seekers to access potential job opportunities: via app (JobStack), online (www.jobs.peopleready.com), and in person (at all PeopleReady branches across the nation).

Survey Methodology

A SurveyMonkey survey of 1,749 temporary workers was conducted by PeopleReady between Sept. 7, 2020, and Nov. 6, 2020.

About PeopleReady

PeopleReady, a TrueBlue company (NYSE: TBI), specializes in quick and reliable on-demand labor and highly-skilled workers. PeopleReady supports a wide range of blue-collar industries, including construction, manufacturing and logistics, waste and recycling, and hospitality. Leveraging its game-changing JobStack platform, PeopleReady serves more than 130,000 businesses and puts more than 300,000 people to work each year, operating more than 600 branch offices across all 50 states, Puerto Rico, and Canada. Learn more at www.peopleready.com.

Media Contact
David Irwin
PeopleReady Communications Director
dirwin@trueblue.com
630-453-1120

Source: PeopleReady

IR CONTACT

Derrek Gafford

Chief Financial Officer

Phone: 1-253-680-8214

InvestorRelations@TrueBlue.com

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About TrueBlue

TrueBlue (NYSE: TBI) is a leading provider of specialized workforce solutions that help clients achieve business growth and improve productivity. In 2019, TrueBlue connected approximately 724,000 people with work. Its PeopleReady segment offers on-demand, industrial staffing, PeopleManagement offers contingent, on-site industrial staffing and commercial driver services, and PeopleScout offers recruitment process outsourcing (RPO) and managed service provider (MSP) solutions to a wide variety of industries.