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Summer travel may look different for many workers this year.
According to Monster’s Staycation Summer Report, 52% of workers say rising living costs are causing them to stay home more often this summer. Nearly two in five are cutting back on vacations or trips, and many are seeking lower-cost ways to spend their time off.
This can mean more than a travel trend for today’s workforce. It’s another signal that financial pressure is shaping how workers live, spend, work, and evaluate their jobs.
When employees feel stretched financially, they may delay time off, work more, cut back on savings, take