A new study by the Work Foundation at Lancaster University has identified 1.4 million workers who are both in insecure jobs and living in private rentals, exposing them to significant financial risks.
According to the research, these workers are caught in a ‘double jeopardy’ due to unstable employment and the rising costs of renting.
Alice Martin, head of research at the Work Foundation, described the situation: “Workers in severely insecure employment – such as those on zero-hour contracts or in temporary work – are particularly vulnerable to the rising rents and lack of protections in the private rented sector.”
The analysis indicates that workers in insecure jobs are more likely to spend a higher percentage of their earnings on rent compared to those in secure positions.
Full story on our sister site Workplace Journal.