More than half of Canadian workers (56 per cent) lived paycheque to paycheque in 2024, despite record-high global employment levels, according to a new report from ADP Research. The findings highlight the ongoing financial strain faced by employees, even those holding multiple jobs.
The report, part of ADP’s People at Work 2025 series, surveyed nearly 38,000 workers across 34 countries. It found that 23 per cent of respondents globally reported working at least two jobs, but additional employment did not necessarily improve financial security.
Among those with two jobs, 59 per cent said they still struggled to make ends meet, while the number rose to 61 per cent for those with three or more jobs.
Reasons for taking on extra work
In Canada, the top reasons for taking on extra work were to cover necessary expenses (49 per cent) and to save for additional expenses (49 per cent). For those juggling three or more jobs, the most common motivation was to build savings or plan for retirement (58 per cent).
ADP’s research also found that motivations for working multiple jobs varied by age. Younger workers were more likely to take on extra employment to gain experience (40 per cent of those under 40) or to fund education and training (30 per cent), compared to older workers (27 per cent and 21 per cent, respectively).
Wages not keeping pace with cost of living
The report underscores a broader global challenge: wages in many regions have not kept pace with the rising cost of living. While employment rates are high, many workers remain financially vulnerable, with those in informal or gig economies facing even greater instability.
“Taking on extra work doesn’t necessarily close the pay gap,” the report stated. “For the global workforce, bridging the gap in living costs isn’t as simple as working more jobs. It requires a growing economy that can increase wages while keeping inflation in check.”
The findings come amid growing discussions about job quality, economic stability, and the long-term financial health of workers. For employers, the data offers insight into the financial pressures facing employees and the factors driving workforce decisions.
