More proof that the economy doesn't work for the working class
When I was growing up it was called moonlighting. It wasn't something to be proud of. It was something you did without telling anyone. When I was growing up, unregistered cabs were called "gypsy cabs". They weren't anything to be proud of either. Moonlighting got rebranded to "side hustle", so it sounds cool.
The results of this survey are absolutely horrific and depressing, but the survey actually tries to put a positive spin on things.
Gone are the days of working 9 to 5. A new survey of over 1,000 Americans finds a whopping 93% of Americans who are currently working part-time or full-time have a side hustle. Of those, 38% work one side job, 38% work two, and 20% work three or more...
When asked why Americans are working a side hustle, most (63%) say it’s for something to do and a bit of extra cash. 44% say they need to do it to make ends meet and cover their bills. 32% say they genuinely enjoy it.
Great! A third of people take a SECOND job because they actually enjoy that second job.
Let's not forget that it's likely that they don't enjoy their FIRST job. And don't forget that twice as many people DON'T take their SECOND job for enjoyment.
Oh, wait. Did I say "second" job. I meant THIRD job. Or FOURTH job.
Inflation is pushing the prices of necessities (and just about everything else) up, and 28% say this is the reason they’ve taken up a side gig. Additionally, 26% say they work the extra job to pay down debt faster.
Working Americans are dedicating an extra 13 hours per week on average to their side hustle. That’s an average hourly wage of $37. 35% have worked a side hustle for more than three years. 20% have worked their side hustle for two years, and 16% have worked their side hustle for over one year. 26% have had their side hustle for less than a year.
So more than half of working Americans have been working two or more jobs for two or more years.
No wonder people seem so stressed out these days.