For Many People, One Job Just Won’t Cut It Anymore

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After several years of inflation and wages that haven’t risen in kind, the number of people working a second gig or supplementing their income with a “side hustle” is at its highest since 2019, The Washington Post reports. The economic pressures have driven many to seek additional sources of income to make ends meet.

So, why are so many individuals turning to side hustles? The rising cost of living is a major factor. Prices for essential goods and services have steadily increased, outpacing wage growth. This has led many workers to look for ways to bridge the gap between their earnings and their expenses.

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What types of side hustles are people engaging in? The gig economy offers a variety of opportunities, from driving for ride-share services to freelancing in creative fields. Online platforms have made it easier than ever to find short-term, flexible work that can fit around a traditional job schedule.

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The increase in side hustles reflects broader economic trends. As inflation continues to impact household budgets, more people are seeking ways to boost their income. According to recent data, the percentage of Americans with side jobs has reached its highest level since 2019, highlighting the extent of the financial strain many are facing.

Sources:

https://www.washingtonpost.com/business/economy/inflation-side-hustles/2025/02/03/

https://www.bls.gov/news.release/empsit.nr0.htm

https://www.cnbc.com/2025/02/01/why-more-workers-are-taking-on-side-jobs-to-make-ends-meet.html


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