The Great Resignation looks to continue as the rising cost of living forces workers to seek better-paying jobs, according to PwC survey. The organization found that 26% of employees will change jobs in the next 12 months, up from 19% last year.

Globally, employees are increasingly feeling cash-strapped amid a cooling economy and inflationary challenges, the report found. The proportion of the global workforce who said they have money left over at the end of the month fell to 38%, down from 47% in 2022.

“With the ongoing economic uncertainty, we see a global workforce that wants more pay and more meaning from their work,” said Bhushan Sethi, strategy and principal at PwC US, in a statement. “Addressing these needs will be critical as leaders seek to transform their workplaces enabling business model reinvention, profitable growth and job creation.”

PwC found that 21% of workers now work multiple jobs, with 69% doing so because they need additional income. In addition, the economic squeeze is also driving up pay demands, with the proportion of workers planning to ask for a pay increase rising to 42% from 35% year on year. Among workers planning to ask for pay raise, 46% are struggling financially.

According to the report, workers struggling financially are also less able to meet future challenges, including the need to develop new skills and adapt to the rise of artificial intelligence. Compared to workers who can pay their bills comfortably, those who struggle or cannot pay their bills are 12 percentage points less likely to say they actively seek opportunities to develop new skills.

However, skilled workers are facing the rapidly changing economic and workplace environment with greater confidence, according to the report. Workers who say their job requires specialized skills are more likely to anticipate change ahead.

PwC surveyed 53,912 individuals working or actively in the labor market for the report. The survey, conducted in April, included responses from workers in 46 countries.