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Three in four workers considering new job due to cost-of-living crisis

THREE out of four workers are considering a new job because of the cost-of-living crisis, new research suggests.

Jobs site CV-Library said its study, published today, indicates that pay is now the main driver for people thinking of finding different work.

Its survey of more than 4,000 professional workers found that only one in seven said flexible or remote working ranks as the most important factor.

Data from its site confirmed that salaries are not keeping track with rising inflation. A study of almost 250,000 jobs posted on the site indicated that wages on offer are lower than a year ago in  the retail, sales, social care and pharmaceutical sectors.

TUC general secretary Frances O'Grady said: “The cost-of-living crisis people are facing is not just about rising prices: it’s the result of a Conservative government that chose to hold down pay and cut the value of benefits year after year.

“People shouldn’t have to feel forced to change jobs to earn enough to get by. They need a plan from government to get wages rising in every job.

“The Chancellor [Rishi Sunak] should come back before Parliament with an emergency budget to give immediate help with boosts to universal credit and the minimum wage, and ministers must bring forward urgent legislation to give working people and their trade unions stronger pay-bargaining rights.”

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