Financial Hardship Surges as Cost-of-Living Crisis Squeezes Workers

An employee restocks meats at a grocery store in North Miami on Jan. 17, 2023. Wilfredo Lee/AP Photo

Workers in America and around the world are reporting significantly higher levels of financial hardship compared to last year, as a cooling economy and high inflation has left a growing number cash-strapped and planning to quit in search of better-paid jobs.

Despite a softening economy and workers reporting growing levels of financial stress, the “Great Resignation” seems poised to continue, according to the latest PriceWaterhouseCoopers (PwC) workforce study.