The second phase of our ‘The Verge’ research in December 2021 looked at changes in financial and job stability for people working in the creative industries as a result of the pandemic. Key findings included:
- Financial stability has declined – in May 2020 53% said they had enough money to live on versus 42% in 2021
- 45% said their mental health had been negatively impacted – rising to 64% amongst those with a disability
- 42% said their ability to save money had been negatively impacted
- 25% said it had negatively impacted their job security
- Over 10% have had to re-locate due to Covid-19 to find work – 48% re-located to London/the South-East showing how important it is for employers to support housing costs in the capital
But there was some positive news:
- A third (33% said their mental health had been positively impacted through greater flexibility and time at home
- A third (36%) said the pandemic had a positive impact in giving them more time for hobbies and interests outside work
- 30% said they felt their creativity had been positively impacted
Read in full here.